Having spent the last five weeks in decline, the industry’s largest cryptocurrencies by market capitalization, Bitcoin and Ethereum, are currently down roughly 50% from their all-time highs posted during the 2021 bull run.
Leading cryptocurrency Bitcoin still dominates 41.8% of the market with a capitalization of $628 billion. It’s trading at $32,947 – a level not seen since July 2021, according to crypto data aggregator CoinMarketCap.
This figure records a 51.98% drop in value since…
Source link
