The Decline in Cryptocurrencies Continues - Coinleaks
Current Date:November 7, 2024

The Decline in Cryptocurrencies Continues

In the last 24 hours, the leading cryptocurrency Bitcoin (BTC) has fallen by 7.5%, while Ethereum (ETH) has fallen by 7.7%.

At the time of writing, Bitcoin was trading around $25,480 on Binance. Ethereum is at $1350. However, the market value of cryptocurrencies is 1,080,972,641,471.

Meanwhile, Bitcoin has lost 15% and Ethereum has lost 25% in the last 7 days. Elrond (EGLD) ranks first among the cryptocurrencies that lost the most value in the last 7 days with 40%. Waves (WAVES) follows Elrond with 38% and ApeCoin (APE) with 37.8%.

Highest Losses in the Last 24 Hours

In the last 24 hours, some altcoins have also seen significant decreases in addition to Bitcoin and Ethereum. Some of these are as follows:

  • Phantom (FTM): 16%
  • Nexo (NEXO): 14.5%
  • Elrond (EGLD): 13%
  • ApeCoin (APE): 12.4%
  • Avalanche (AVAX): 12.1%
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