Editor's PiCK
[Market Update] Bitcoin Breaks Below $113,000...Downtrend Intensifies
Suehyeon Lee
Summary
- The downtrend has intensified with Bitcoin (BTC) breaking below the $113,000 mark.
- Ethereum (ETH) fell 6.85% and XRP dropped 3.29% compared to the previous day.
- Solana (SOL) recorded the largest drop among major altcoins with a decline of 7.42%.
The downtrend for Bitcoin (BTC) has intensified, breaking below the $113,000 mark.
As of 7:44 AM on the 2nd, according to CoinMarketCap, Bitcoin is trading at $112,946.86, down 2.76% from the previous day.
Major altcoins are also showing declines. Ethereum (ETH) is trading at $3,464.86 on CoinMarketCap, down 6.85% from the previous day, while XRP is down 3.29% at $2.91. Solana (SOL) recorded the biggest drop among major altcoins, falling 7.42% and reaching $160.72.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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