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Bitcoin Trades Below $69K; Altcoins Gain While Top Coins Dip

Release: 2024/11/04 22:04 Reading: 430

Original author:CryptoTale

Original source:https://coinmarketcap.com/community/articles/6728cd3ecc71f24e4d0434a4

Bitcoin Trades Below $69K; Altcoins Gain While Top Coins Dip

Crypto Market Experiences Downturn with Notable Declines

The cryptocurrency market is witnessing a downtrend, with several major cryptocurrencies posting losses. According to analytics platform CryptoRank, Bitcoin (BTC) has slipped below $69,000, while other coins like Solana (SOL), Dogecoin (DOGE), and Binance Coin (BNB) are facing negative growth.

The overall market capitalization of the crypto market has declined by 0.18% to $2.41 trillion, with BTC dominance standing at 56.24%. The Fear & Greed Index indicates a value of 70, suggesting the market is in a state of greed.

Top Cryptocurrencies in Decline

Bitcoin (BTC) is currently trading at $68,740, losing 0.54% in 24 hours and 0.18% in the past week. However, it has witnessed a surge in trading volume, reaching $35.02 billion in the last 24 hours, indicating increased trading activity.

Ethereum (ETH) has a dominance of 12.29% and has declined by 2.07% in the past week.

Solana (SOL) has fallen by 2.13% today and 7.05% in the past week.

Binance Coin (BNB) has witnessed a decrease of 0.98% today and 5.31% in the past week.

Memecoins like DOGE have also declined, with a loss of 1.43% today.

Related Links:

[BTC Leads Market Gains While Altcoins Face Varied Movements](https://cryptotale.org/btc-leads-market-gains-while-altcoins-face-varied-movements/)

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