🔴Bitcoin drops below 107 thousand dollars amid market volatility

♦️Bitcoin decreased by 0.77% over the last 24 hours to reach $106,992, down by 8.59% over a week of volatile trading, while the market cap for cryptocurrencies reached $2.13 trillion.

♦️Despite the drop, Bitcoin remained dominant with a market share of 59%, followed by Ethereum which fell by 3.94% over the week, while coins like Binance and Cardano saw notable declines, compared to slight gains for Solana, Ripple, and Dogecoin.

♦️The drop also affected the stocks of cryptocurrency mining companies, despite gains for some like MicroStrategy and PayPal, while shares of "Marathon Digital" declined amid ongoing concerns about market volatility.

#stock_market #Bitcoin #cryptocurrencies #crypto_market #CryptoNews #Bitcoin

BTC
BTCUSDT
90,266.3
-0.01%