Scan to download
BTC $70,740.69 -2.62%
ETH $2,076.78 -2.43%
BNB $645.12 -1.41%
XRP $1.42 -4.56%
SOL $81.67 -4.53%
TRX $0.2795 -0.47%
DOGE $0.0974 -3.83%
ADA $0.2735 -4.22%
BCH $457.98 -0.19%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $0.9138 -6.63%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%
BTC $70,740.69 -2.62%
ETH $2,076.78 -2.43%
BNB $645.12 -1.41%
XRP $1.42 -4.56%
SOL $81.67 -4.53%
TRX $0.2795 -0.47%
DOGE $0.0974 -3.83%
ADA $0.2735 -4.22%
BCH $457.98 -0.19%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $0.9138 -6.63%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%

Data: The relevant index of the top 100 digital assets by market capitalization has fallen by about 5%, marking the largest decline since April of this year

2024-06-24 13:43:30
Collection

ChainCatcher news, according to Bloomberg, the digital asset market experienced its second-largest weekly decline since 2024, primarily due to cooling demand for Bitcoin spot ETFs and uncertainty in monetary policy.

In the seven days leading up to last Sunday, the relevant index covering the top 100 digital assets by market capitalization fell by about 5%, marking the largest decline since April of this year. Bitcoin dropped below $63,000, reaching its lowest point in over a month. Experts point out that the current dynamics of the crypto market are characterized by low volatility and weak trading volume, and as prices begin to move toward the edge of the range, the order book becomes unbalanced.

app_icon
ChainCatcher Building the Web3 world with innovations.