Bitcoin returns from the collapse of $ 77,000, and ETHEREUM decreases to the lowest level in the market for 17 months (an hour)
Over the past 24 hours, the cryptocurrency market carries another period of reinforced and instability. Bitcoin (BTC)To anyone, It fell to its lowest level for four months less than 77,000 dollars.
Altcoins has suffered more losses. ETHEREUM (ETH) has temporarily slipped to less than 1800 dollars for the first time since October 2023, while the market ceiling fell to $ 221 billion.
BTC overcomes the latest decline
The initial cryptocurrency recorded a short price increase to nearly $ 84,000 on March 10, but the bears quickly regained control. once again. In the following hours, They suppressed the evaluation to $ 76700. It should be noted This level witnessed the last time In November 2024.
like Cryptopotato I mentionedThe low -affected market decreased by merchants who opened long positions with a high financial lever. A reference on a 24 -hour scale reached nearly a billion dollars, as BTC deals represent more than 30 % of the total number.
In the past few hours, despite the bulls I intervened to stop Free fall. The original price rose to 81,500 dollars where He – she Stand At the moment of writing this report.
The market value of BTC is about $ 1.6 trillion, while its hegemony over alternative currencies increased to 58.9 %.
Eth leads Altcoin’s crash
The situation with some BTC competitors is worse. The second largest encrypted currency (ETHEREUM (ETH) has declined to its lowest level in 17 months at 1790 dollars before recovering slightly to the current $ 1900. However, this represents a 10 % decrease in the price On a daily basis.
Ripple (XRP), Solana (SOL), Cardano (ADA), Dogoin (DOGE), PI (PI), has also entered a lot of altcoins red The region, albeit seeing less fundamental losses than ETH.
The few cryptocurrencies that are heading north in the north during the past 24 hours include the story (IP), movement (Move), Mantra (OM) and Mantle (MNT).
The total market value of the coded currency is about $ 2.75 trillion, which represents a 2.5 % decrease for this day.
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