BTC surrenders $61,000 in broad crypto market decline
CryptoNewsTerminal Staff08 Aug, 2024
BTC surrenders $61,000 in broad crypto market decline
Bitcoin (BTC) lost the $61,000 level on Friday, October 1, surrendering $2,000 in one hour. This sell-off is part of a broader market decline that has seen the total cryptocurrency market cap drop by $100 billion in the past 24 hours. At the time of writing, BTC is trading at $60,993.99 on the Binance USDT market. The leading cryptocurrency has lost 3.44% in the past 24 hours and 7.91% in the past week. Ether (ETH), the second-largest cryptocurrency by market cap, has also declined today. ETH is trading at $3,645.82, down 4.04% in the past 24 hours.
