Bitcoin and Ethereum Lead Market Downtrend as Crypto Market Cap & Investor Sentiment Drops

The cryptocurrency market experienced a downward trend on Friday, with Bitcoin and Ethereum leading the losses. Bitcoin saw a 1.23% decline on international exchanges

Bitcoin and Ethereum led a downturn in the cryptocurrency market on Friday, with most major tokens posting losses. However, a closer look at the market reveals a varied performance among different crypto assets.

While Bitcoin and Ethereum saw a price decline, several other tokens, including Shiba Inu, Litecoin, Polkadot, Near Protocol, and Monero, showed gains of up to 3% over the past 24 hours.

Here's a summary of the latest crypto price movements and a closer examination of Bitcoin and Ethereum's price performance.

Crypto Prices Today: Top Gainers and Losers

Most major cryptocurrencies experienced a downturn on Friday, with Bitcoin and Ethereum leading the losses. However, several tokens, including SHIB, LTC, DOT, NEAR, and XMR, posted gains of up to 3%.

A closer look at the top crypto price movements reveals that Shiba Inu, ranked 13th by market capitalization, saw a 2.7% increase, bringing its price to $0.000034. Litecoin (7th), Polkadot (9th), Near Protocol (18th), and Monero (27th) also showed resilience amid the market decline, countering the trend with gains of 2.5%, 2.2%, 2.1%, and 1.7%, respectively.

On the other hand, several crypto assets, such as XRP, Solana, Binance Coin, Dogecoin, Cardano, Chainlink, Leo, Uniswap, Cronos, EOS Coin, and Bitcoin SV, experienced a price decrease of over 2% in the past 24 hours.

Crypto Prices: Bitcoin Drops Below $104K

Bitcoin (BTC) price today: A snapshot from international and Indian exchanges at 7:00 AM IST

Bitcoin dropped below the $104,000 (roughly ₹90.1 lakh) mark on Friday, continuing its recent decline from all-time highs. According to data from CoinMarketCap, the world's leading cryptocurrency fell by 1.23% in the past 24 hours, trading at $104,002 (roughly ₹90.1 lakh) on international exchanges.

Meanwhile, Indian exchanges like BuyUcoin showed a smaller decrease in Bitcoin price. From Thursday's price of $107,486 (roughly ₹92.9 lakh) on BuyUcoin, Bitcoin dropped by less than 2%, reaching $105,486 (roughly ₹91.4 lakh) on Friday morning.

Bitcoin saw a intraday high of $104,782 (roughly ₹90.8 lakh) and a low of $102,744 (roughly ₹89.1 lakh) in the past 24 hours.

After beginning the week with a bullish trend and reaching new all-time highs, Bitcoin faced a downturn on Thursday. The cryptocurrency saw a sharp decline from its peak of around $106,000 (roughly ₹91.6 lakh) on international exchanges.

Despite the recent price decrease, Bitcoin remained up by over 60% year-to-date and continues to trade above the $100,000 (roughly ₹80.4 lakh) mark.

Crypto Prices: Ethereum Falls Below $3,224

Ethereum (ETH) price today: A snapshot from global and Indian exchanges at 7:00 AM IST

Ethereum dropped below the $3,224 (roughly ₹2.79 lakh) mark on Friday, continuing its recent decline from all-time highs. According to data from CoinMarketCap, ETH fell by 1.03% in the past 24 hours, trading at $3,224 (roughly ₹2.79 lakh) globally.

Meanwhile, Indian exchanges like BuyUcoin showed a steeper decrease in Ethereum price. From Thursday's price of $3,357 (roughly ₹2.91 lakh) on BuyUcoin, Ethereum dropped by 2.18%, reaching $3,357 (roughly ₹2.91 lakh) on Friday morning.

Ethereum saw a global intraday high of $3,247 (roughly ₹2.81 lakh) and a low of $3,164 (roughly ₹2.73 lakh) in the past 24 hours.

After beginning the week with a bullish trend and reaching new all-time highs, Ethereum faced a downturn on Thursday. The cryptocurrency saw a sharp decline from its peak of around $3,360 (roughly ₹2.92 lakh) on global exchanges.

Despite the recent price decrease, Ethereum remained up by over 100% year-to-date and continues to trade above the $3,200 (roughly ₹2.77 lakh) mark