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Bitcoin (BTC), the leading cryptocurrency, which lost 1.5% of its value in the last 24 hours, started trading at $ 27,000 price levels. Most cryptocurrencies in the market fell again during the day. However, Conflux (CFX), which decoupled positively in the market, recorded a value increase of nearly 10% and rose to $ 0.33 during the day and gained a strong bullish momentum.
Cryptocurrency Market in Decline
Bitcoin (BTC), the leading cryptocurrency, lost 1.5% in the last 24 hours to trade at $27,000. The cryptocurrency market started the day with a decline and the total market capitalization of the cryptocurrency ecosystem fell to $1.12 trillion according to CoinMarketCap (CMC) data. Ethereum (ETH), which started the day with a decline due to the downward trend in the market, also retreated to $ 1820 levels, while most altcoins also lost value at various rates.
The cryptocurrency market started the day with relatively low volatility despite the declines during the day. According to Coinglass data, an average of $50 million worth of short and long positions were liquidated in the last 24 hours.
Value Increase in Popular Altcoins Nears 10%
Conflux (CFX), one of the popular altcoins of the cryptocurrency market with its recent price movements, started the day with a strong rise despite the depreciation in Bitcoin and the downward trend in the market. Conflux (CFX) gained a strong bullish momentum, rising by an average of 8% in the last 24 hours, according to CMC data, and rose as high as $0.33.
With these rises, Conflux (CFX) was among the top 100 cryptocurrencies with the highest market capitalization according to CMC data, among the cryptocurrencies that recorded the highest rate of value increases in the last 24 hours.
