The value of bitcoin (BTC) yesterday on the world’s largest cryptocurrency exchange Binance fell by 1.75 percent to 53,314.25 euros.
The total volume of bitcoin trading in the last 24 hours was 32.45 billion euros, which is more than the day before.
The Fear and Greed Index for bitcoin today is at level 9, in the “extreme fear” category, which is slightly less than yesterday’s 10.
The value of bitcoin has fallen by 16 percent in the past seven days, marking the worst weekly performance since the FTX 2022 stock market collapse, and the negative trend has continued this week.
The main reasons for the decline are the withdrawal of funds from ETF funds linked to bitcoin, worsening technical indicators and changing expectations regarding interest rates in the United States, Bloomberg reported.
The value of ethereum (ETH) today fell by 2.68 percent to 1,416.58 euros, while the value of Binance Coin (BNB) decreased by 1.64 percent to 510.02 euros.
Cryptocurrency Solana (SOL) lost 3.26 percent to trade at 55.58 euros, while Avalanche (AVAX) fell 2.93 percent to 5.67 euros.
Telegram’s cryptocurrency Toncoin (TON) is selling for 1.45 euros today, which is 4.45 percent less than yesterday.
Bitcoin, ethereum and solana continue to record the highest trading volumes.
