Bitcoin Market Update: BTC Falls to $29,900 – Market Slightly Down
Bitcoin (BTC) has fallen by 0.9% in the last 24 hours to reach a price per coin of $29,900, according to CoinGecko. The largest virtual currency in the market is moving slightly down as the whole crypto market is moving downwards. The coin with the most significant price decrease among the top 10 was Solana (SOL), which fell by around 5.9% in the last 24 hours.
Bitcoin Market Update: BTC Falls to $29,900
Bitcoin and other virtual currencies are currently falling. This is a minor price decrease at a time in which BTC and other digital currencies are not experiencing large volatility. Indeed, Bitcoin registered the lowest volatility this year just a few days ago, showing that there are no large moves on investors entering or exiting the market.
Ethereum, the second-largest cryptocurrency in the market, registered 0.7% losses during the same period of time. Meanwhile, XRP, the third largest cryptocurrency after Bitcoin and Ether, moved higher by 0.3% after the recent resolution from the court about SEC’s case against Ripple.
Binance Coin (BNB), the digital asset of the Binance ecosystem has fallen 1.4%. That’s more than other digital assets and could be highly related to the recent regulatory attacks received by Binance in different jurisdictions.
Litecoin (LTC), which is going to experience a new halving event just next month, lost 0.4% of its value in just 24 hours, showing that there is no clear buying pressure for this digital asset.