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Crypto market on edge: Bitcoin switches back

The crypto market started the day with slight price losses.

By Mike Hesp
• 2 min read
Crypto market on edge: Bitcoin switches back

The crypto market started the day with slight price losses. Compared to the previous day, the total market capitalization fell by 3.5 percent. The price falls of the ten largest cryptocurrencies were limited. Bitcoin fell 0.1 percent to $102,000. Over the week, the Bitcoin price has lost approximately three percent. Ethereum saw a drop of almost two percent, dropping to $3,144. On a weekly basis, the price of Ether has fallen by five percent.

Among the top 10 coins, XRP was the only one to post a small gain of 0.4 percent, pushing its price to $3.11. The Ripple coin has risen almost 50 percent in a month. Solana experienced a significant drop of three percent and is now at $233, almost nine percent lower than last week.

BNB, Dogecoin and Cardano each showed a minimal decline of less than a percent. The biggest winners of the day were Movement (14 percent), dogwifhat (13 percent) and Ondo (7 percent). On the other side were the coins with the largest price drops: Jupiter (minus 8 percent), Worldcoin (minus 8 percent) and Floki (minus 7 percent).

Currently, the crypto market is in wait. New US President Donald Trump has not yet fulfilled his election promise to create a Bitcoin reserve, which is causing uncertainty among investors.

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