Bitcoin $93,885.9 The 1.5% decrease in price spreads a negative atmosphere throughout the market. Bitcoin, which fell below $ 93,000, increased uncertainty in the cryptocurrency market. At the same time, Helium (HNT) lost 12% and Quant (QNT) lost 10%. Market-wide volatility led to the total global market value falling to $3.22 trillion. Meanwhile, the 50% increase in transaction volume reached 139 billion dollars.
The Fall in Major Cryptocurrencies Continues
Bitcoin’s depreciation, Ethereum (ETH) 
$3,383.9 and Ripple (XRP) 
$2.1 It also affected leading cryptocurrencies such as. Ethereum price fell by 2.4% to $3,336. In addition, there were serious fund outflows from Ethereum ETFs. Ripple, on the other hand, fell to $2.02 with a loss of 5%. Solana (SOL) decreased by 1% and traded at $190.
These declines supported the negative perception that spread throughout the market. Waiting for BlackRock ETF data increases the pressure on investors. In particular, question marks regarding the direction of the market led to cautious investment behavior.
Risers and Losers
Some digital assets showed remarkable activity in the market. Zerebro (ZEREBRO) rose 25% to $0.55, marking an 82% gain on a weekly basis. DeXe (DEXE) increased by 8% to $ 13.88. On the other hand, tokens such as Helium and Quant attracted attention by losing more than 10%.
While the total transaction volume in the cryptocurrency market increased, the decline in leading digital assets negatively affected the general mood of the market. The manager of Riot Platforms stated that regulatory pressure on Bitcoin mining has led to new challenges in the industry.
As a result, losses and market uncertainty in major cryptocurrencies are prompting investors to act more cautiously. However, the increase in transaction volumes shows that the market maintains its dynamism. The fact that newly accepted payment methods support cryptocurrency adoption may create a positive atmosphere in the future.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
