Bitcoin, the leading cryptocurrency, has experienced a notable decline today. Bitcoin, whose $ 60,000 attempt failed, fell to $ 56,068 in a short time and increased its loss in the last 24 hours to 5%. Bitcoin, which has recovered a little later, is trading at $ 57,474 as of the time of publication.
Cryptocurrency analyst and NewsBTC writer Aayush Jindal thinks it is essential for the leading cryptocurrency to close above $ 57,000 to avoid further losses.
Bitcoin has increased its loss in the last 7 days to 6.6% with this recent bearish wave.
Ethereum (ETH) Trades Close to $ 1,800
Leading altcoin Ethereum was also among the most affected by the decline in the market today. Ethereum, which lost close to 5%, fell from the $ 1,846 level it was traded during the day to $ 1,762. Ethereum then started a recovery, recovering some of its losses.
Ethereum, which increased its loss in the last 7 days to 7%, is trading at $ 1,794 as of the time of publication.
Cardano (ADA) At $ 1.20 Level
Cardano (ADA) had a big breakthrough after Coinbase news. The ADA, which rose as high as $ 1.47 after the news, then entered a sharp downtrend and started trading in the $ 1.20 to $ 1.33 range. Accelerating its decline with the bearish wave in the market, ADA recovered immediately after dropping to $ 1.18 and managed to rise above the psychological resistance level of $ 1.20 again.
ADA lost 4.4% in the last 24 hours and gained 9.4% in the last 7 days. ADA is trading at $ 1.20 as of the time of publication.
Polkadot (DOT), Started Decline After Local Summit
Polkadot (DOT), one of the leading altcoins, carried its recent rise to $ 40 yesterday. Polkadot, which then experienced a sharp decline, fell to $ 37.07. Polkadot, which fell as low as $ 36 with the bearish wave in the market, managed to rise above $ 37 again.
Polkadot (DOT), one of the large-volume cryptocurrencies that has dropped the most in the last 24 hours with 6.2%, is trading at $ 37.27 as of the time of publication.
Avalanche (AVAX) Loss 10% in Value
Avalanche (AVAX), which is closely followed by the local crypto money community, has lost nearly 10% in the last 24 hours. The AVAX, which had a pretty good breakout on March 20, rose to $ 38, started a sharp decline and retreated to $ 32.
With this recent decline, AVAX, which has pulled its last 7-day gain to 6%, is trading at $ 33.65 as of the time of broadcast.