Both Bitcoin and Ethereum have suffered substantial losses over the past week, dragging the broader crypto market deeper into the sea of red.
The price of Bitcoin (BTC) has slid down by nearly 10% over the last seven days–from the levels above $34,000 last Monday to the current $31,033, according to data from CoinGecko. In the same period, Ethereum (ETH) fell from $2,140 to $1,822 today–a decline of more than 14%.
The market capitalization of both cryptocurrencies has tumbled as well, with the corresponding value of Bitcoin falling from $633 billion to $583 billion. Ethereum’s market cap is down to $213 billion from $246 billion recorded a week ago.
The move downwards pushed the rest of the crypto market in decline as well, with the likes of Cardano (ADA), Dogecoin (DOGE), Polkadot (DOT), Uniswap (UNI), Solana (SOL), and Chainlink (LINK) all witnessing double-digit losses in the past seven days.
The cumulative market cap of all cryptocurrencies is down from $1.463 trilli
Źródło: https://decrypt.co/76302/btc-down-10-ethereum-down-15-over-past-7-days
