The cryptocurrency market seems to have started the day with a downturn. However, significant gains have been recorded in the last few weeks. During this period, Bitcoin has been advancing towards its highest level of the year. As of Tuesday, a weakening in the upward momentum experienced last week is observed. According to expert statements, this decline in the market could be due to investors’ concerns.
Bitcoin’s price has decreased by 0.45% in the last 24 hours, falling to $37,106.45, and its trading volume has increased by 24.75%, reaching $18.53 billion. Notably, Bitcoin’s highest and lowest levels in the last 24 hours were $37,450.12 and $36,750.13, respectively.
Ethereum, the second-largest cryptocurrency by market value, has fallen by 0.81% in the last 24 hours to $2,011.10. Meanwhile, following shocking events, BNB’s price decreased by 0.53%, dropping to $225.9 at the time of writing.
Another notable altcoin, XRP, dropped by 0.92% to $0.5984. Additionally, Solana, which has shown sharp increases in recent weeks, decreased by 0.42%, reaching $54.84 at the time of writing. Cardano (ADA) traded at $0.3732, down 1.19% over the last 24 hours.
The leader of meme coins, Dogecoin, was trading at $0.07813, down by 0.46%, while Shiba Inu’s price decreased by 1.55%, falling to $0.000008144. On Tuesday, Pepe coin, closely following Doge and SHIB, lost 2.64% in value, reaching $0.000001068.