Tuesday, 02 January 2024 12:17 GMT

Global Cryptocurrency Market Taking Hit As Bitcoin Takes Nosedive


(MENAFN- Trend News Agency) BAKU, Azerbaijan, November 5.​ The latest buzz from the global cryptocurrency arena has hit the streets.

The data obtained by Trend from a global cryptocurrency exchange shows that the price of Bitcoin, deemed the most valuable cryptocurrency, has decreased by 10.19 percent in the last week, to $101,691.

In the same boat, Ethereum's value declined by 17.93 percent over the last week, landing at $3,300.

Price changes of cryptocurrencies over the last week:

Name

Value

Change in the last week, %

Bitcoin

$101,691

-10.19

Ethereum

$3,300

-17.93

Tether USDt

$1.0008

-0.03

XRP

$2.23

-16.31

Solana

$156,492

-21.15

BNB

$943.6

-15.71

USDC

$40.8454

-17.08

Dogecoin

$0.163446

-16.79

Cardano

$0.5326

-18.67

TRON

$0.286595

-3.94

Hyperliquid

$14.75

-18.87

The inaugural cryptocurrency, Bitcoin, was launched as open-source software in 2009. As of June 2023, the marketplace contained over 25,000 cryptocurrencies, with more than 40 possessing a market capitalization over $1 billion. By April 2025, the anticipated market capitalization of cryptocurrency reached $2.76 trillion.

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Trend News Agency

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