The cryptocurrency market has fallen, with Bitcoin and Ethereum leading the downturn after a period of high volatility and uncertainty.
Cryptocurrency Market Overview
Due to the current market conditions, many cryptocurrencies are declining in price, including major ones like Bitcoin (BTC) and Ethereum (ETH). Smaller altcoins such as Artificial Superintelligence Alliance (FET), JasmyCoin (JASMY), and Worldcoin (WLD) are also experiencing significant losses, worsening the market downturn.
Bitcoin and Ethereum Decline
Bitcoin, currently priced at $86,473.95, has fallen by 3.68% in the past 24 hours. Despite this, it maintains a trading volume of over $120 billion and remains the most influential cryptocurrency. Ethereum is also struggling, with its price of $3,143.95 reflecting a 7% decline in the last 24 hours, with trading volume exceeding $54 billion.
Altcoins: FET, JASMY, and WLD
Smaller altcoins like FET, JASMY, and WLD are experiencing steep declines, deepening the market downturn. Despite the price drops, Worldcoin shows strong investor interest with high trading volume.
The declining prices in the cryptocurrency market highlight its current weakness and uncertainty. Market leaders like Bitcoin and Ethereum, alongside various altcoins, face significant trend challenges.