Tuesday, 02 January 2024 12:17 GMT

Cryptocurrency Market Declines As Bitcoin And Ethereum Lose Value


Date:

(MENAFN- Trend News Agency) BAKU, Azerbaijan, November 9. Prices of most major digital assets have declined over the past week amid a downturn in the global cryptocurrency market.

According to exchange data, Bitcoin, the world's largest cryptocurrency by market capitalization, fell 4.95% over the past seven days to $74,052.

Ethereum, the second-largest cryptocurrency by market capitalization, also recorded a decline. Its price dropped 7.76% over the week to $2,132.

Other major digital assets also mostly showed negative performance. BNB fell 3.55% to $686.30, while XRP declined 13.04% to $1.0908.

Solana lost 8.65% over the past week to $86.768. Hyperliquid recorded the steepest weekly decline among the cryptocurrencies listed, falling 14.80% to $72.953.

Zcash dropped 4.16% to $1,217, while Monero declined 1.85% to $596.608.

Meanwhile, some digital assets posted modest gains. Tether USDt rose 0.01% over the past seven days to $0.9991, while USDC gained the same percentage to reach $1.0010.

TRON also ended the week in positive territory, rising 0.49% to $0.317945.

Overall, weekly figures indicate that the cryptocurrency market was dominated by a downward trend. The sharpest declines were recorded by Hyperliquid and XRP. Most major digital assets, including Bitcoin and Ethereum, also lost value over the week.

Cryptocurrency Price (USD) Change over 1 week
Bitcoin 74,052 -4.95%
Ethereum 2,132 -7.76%
Tether USDt 0.9991 +0.01%
BNB 686.30 -3.55%
USDC 1.0010 +0.01%
XRP 1.0908 -13.04%
Solana 86.768 -8.65%
TRON 0.317945 +0.49%
Zcash 1,217 -4.16%
Hyperliquid 72.953 -14.80%
Monero 596.608 -1.85%

MENAFN09112026000187011040ID1111935540


Trend News Agency

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.



More Story

Search