The international crypto exchange continues to experience a downward trend. The price of Bitcoin has dropped to $26,100, with its market capitalization currently at $509 billion, reflecting a 2% decrease in one week. Comparatively, just last month, Bitcoin reached a price of $30,000.
Similarly, the price of Ethereum has also seen a decline, with one token on the exchange valued at $1,570 and a market capitalization of approximately $189 billion.
The total industry valuation now stands at $1 trillion, marking a 3-month low.
By Mariam Gorkhelashvili