In the last 24 hours, the leading cryptocurrency Bitcoin (BTC) has experienced a loss of more than 1%, falling to the levels of $25,590 in the early hours of the day. The crypto market started the day with a decline due to the loss of value in BTC. According to CoinMarketCap (CMC) data, the total market value of the crypto industry dropped to $1.03 trillion.
Bitcoin (BTC) Starts the Day with a Decline
The crypto market started the day with a decline. The leading cryptocurrency Bitcoin (BTC) recorded a loss of more than 1% in the last 24 hours, falling to the levels of $25,590 in the morning. Many high-value cryptocurrencies, including ETH, accelerated their losses.
Ethereum (ETH) fell below the $1620 level after its recent losses. The total market value of the crypto ecosystem also dropped to $1.03 trillion, according to CMC data. Following their recent losses, BNB started trading at $214, XRP at $0.5, Cardano (ADA) at $0.25, Dogecoin (DOGE) at $0.063, Solana (SOL) at $19.2, and TRON (TRX) at $0.077.
According to Coinglass data, a total of $45 million worth of short and long positions were liquidated in the crypto market in the last 24 hours. The largest share of the total liquidation in the last 24 hours was $15 million, belonging to BTC positions.
Top Cryptocurrencies of the Day
Astar (ASTR), Gala (GALA), KuCoin Token (KCS), and Render (RNDR) were among the top cryptocurrencies in terms of market value among the top 100 cryptocurrencies with the highest percentage of losses in the last 24 hours, influenced by the downward trend in the crypto market.
On the other hand, despite the downward trend in the crypto market and the value losses in BTC, some cryptocurrencies continued to rise. Stellar (XLM), Rocket Pool (RPL), Conflux (CFX), Maker (MKR), and Polygon (MATIC) were among the top cryptocurrencies with the highest percentage of gains in the last 24 hours, according to CMC data.
