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Bitcoin (BTC), the leading cryptocurrency, which started to decline again in the morning hours, lost nearly 1% in the last 24 hours and fell to $ 27,200. The cryptocurrency market started the day with a decline due to the depreciation in Bitcoin. The total market capitalization of the cryptocurrency ecosystem fell to $1.13 trillion, according to CoinMarketCap (CMC) data.
What is the Latest Situation in the Cryptocurrency Market?
Bitcoin (BTC), the leading cryptocurrency, has fallen to $ 27,200 with the losses it has recorded since the morning hours. The cryptocurrency market started the day with a decline due to the depreciation in the leading cryptocurrency Bitcoin. Ethereum (ETH) started trading at $1820, down 0.5%. The total market capitalization of the cryptocurrency ecosystem fell to $1.13 trillion, according to CMC data.
On the other hand, the cryptocurrency market started the day with relatively low volatility. According to data shared by Coinglass, an average of $50 million worth of short and long positions were liquidated in the last 24 hours.
In addition, with the effect of the downward trend in the cryptocurrency market, there were also cryptocurrencies that recorded close to double-digit losses during the day.
Featured Cryptocurrencies of the Day
Rocket Pool (RPL), Sui (SUI), Huobi Token (HT), Kava (KAVA) and Optimism (OP) were among the 100 cryptocurrencies with the highest market capitalization according to CMC data, with the latest declines recorded during the day.
However, despite this downward trend in the leading cryptocurrency Bitcoin and the cryptocurrency market, there were also cryptocurrencies that decoupled positively in the market and gained bullish momentum during the day.
Conflux (CFX), Lido DAO (LDO), ApeCoin (APE), Litecoin (LTC) and Algorand (ALGO) were among the top 100 cryptocurrencies with the highest market capitalization according to CMC data, with their recent increases during the day.
