Bitcoin rose from a 16-month low during Asian trading on Friday but is heading toward a deep weekly decline as broad risk aversion amid uncertainty over U.S. monetary policy weighs on cryptocurrency prices.
Bitcoin experienced a sharp decline, falling below $64,000, driven by the unwinding of leveraged positions and volatility in global markets.
Over the past week, the cryptocurrency market has experienced a sharp and synchronized decline in prices. Bitcoin ($BTC) fell to $63,982, marking one of its lowest levels in a long time. Bitcoin’s market capitalization dropped to $1.277 trillion, with a weekly decline of 23.95%.
The cryptocurrency $XRP has entered a sharp downtrend, losing nearly a quarter of its value over the past week. The current decline has placed the asset in a vulnerable position, breaking typical historical recovery patterns.
Українська
Русский
English