Bitcoin and Major Cryptocurrencies See Sharp Drops

As the U.S. session came to a close, Bitcoin's price plummeted, now trading at $83,763.1, marking a -3.9% decline in the past 24 hours. The total market capitalization currently stands at $1.66 trillion, according to Investing. Bitcoin remains the dominant force in the market, holding a 61.1% share, followed by Ethereum with 8.3%.

Based on today's closing price, Bitcoin has dropped -0.18% over the past seven days, while Ethereum, the most popular altcoin, has seen a -5.1% decline in the same period.

Crypto Prices at a Glance

  • Solana (SOL): $130.015 (-6.56%)

  • Binance Coin (BNB): $618.60 (-3.32%)

  • Ripple (XRP): $2.1915 (-6.32%)

  • Dogecoin (DOGE): $0.179919 (-5.88%)

  • Shiba Inu (SHIB): $0.00001315 (-6.35%)

  • Cardano (ADA): $0.7017 (-4.79%)

Stocks Impacted by the Crypto Crash

The sharp decline in crypto prices has had a direct impact on Bitcoin mining stocks and companies with high exposure to the crypto market.

  • Coinbase Global Inc. (COIN): $173.85 (-7.8%)

  • MicroStrategy (MSTR): $289.48 (-10.8%)

  • Marathon Digital Holdings (MARA): $12.46 (-8.7%)

  • PayPal (PYPL): $65.15 (-5.4%)

  • Block (SQ): $55.33 (-2.9%)

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