The global cryptocurrency market has pulled back sharply. Total market capitalization now sits at $2.66 trillion, marking a 4.95 percent drop over the past 24 hours, based on CoinMarketCap data.
Bitcoin showed strong volatility during the last day. Price action ranged between $75,720 and $83,300. As of 09:30 AM UTC, Bitcoin trades at $78,685, reflecting a 5.25 percent decline.
Most large cap cryptocurrencies are also trading in the red. Selling pressure remains broad across the market.
A few tokens are moving against the trend. ZKP leads the gainers with a 36 percent increase. ZK follows with a 22 percent rise. C98 is also higher, up 20 percent over the same period.
BTC
77,280.28
-0.66%
ETH
2,320.94
-2.89%
BNB
756.61
-2.09%