[Market] Bitcoin collapses even below 87,000 dollars… Cryptocurrency market widens losses

Suehyeon Lee

Summary

It reported that Bitcoin fell below the 87,000-dollar level and is trading at 86,885.13 dollars, down 4.43% from the previous day.
It stated that major cryptocurrencies such as Ethereum, XRP, and Solana also showed declines of 4.76%, 6%, and more than 6%, respectively.
It reported that the cryptocurrency market's declines are continuing to widen.

Bitcoin (BTC) continued its downtrend and fell below the 87,000-dollar level.

On the 1st (Korea time) at 11:42 a.m., based on CoinMarketCap, Bitcoin is trading at 86,885.13 dollars, down 4.43% from the previous day. On Upbit's KRW market, it is trading at 130,299,000 won, down 4.01% from the previous day.

Ethereum (ETH) is also trading at 2,855.98 dollars, down 4.76% from the previous day based on CoinMarketCap, and XRP (XRP) is down 6% from the previous day at 2.07 dollars. Solana (SOL) has also fallen more than 6% from the previous day, trading at 128.07 dollars.