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Cryptocurrency News Articles
Cryptocurrency Market Declines as Bitcoin (BTC) Drops 0.86% to Reach $83,284
Apr 04, 2025 at 12:05 am
The cryptocurrency market declined after geopolitical events caused Bitcoin (BTC) to drop by 0.86% to reach $83,284 in trading value.
Cryptocurrency prices fell on Wednesday after geopolitical events caused Bitcoin to drop by 0.86%.
Bitcoin drops by 0.86%
The cryptocurrency market capitalization assessed a 0.98% decrease to reach $2.82 trillion compared to the previous day.
Bitcoin ($BTC) maintained its dominance level at 58.60% while Ethereum experienced a small decrease to 7.81% dominance.
Spot trading activities increased by 5.57% throughout the previous 24 hours and reached an estimated $71.58 billion.
Small-cap cryptocurrency market participants observed a notable rise in value throughout the recent market fluctuations. RFC experienced a 36.0% gain to reach $0.0133, while FUNtoken ($FUN) climbed 19.7% to trade at $0.00479.
RACA maintained the top position with a 15.8% gain, while Alchemist ($ALCH) reached 15.2% growth, and QuickswapDEX ($QUICK) rose by 12.7%.
Significant market increases were observed across large-cap cryptocurrency values. $WAL experienced the highest growth—jumping 13.8% to reach a value of $0.597. IP rose by 7.15% to trade at $4.44. The price of $KALA reached $0.106 as it rose by 3.85% and $CM gained 3.20% to trade at $6.30. $ATOM recorded a 3.11% growth that elevated its trading price to $4.45.
The Fear & Greed Index confirmed extreme market fear through its value of 25.
Market trade conditions remain uncertain according to trader sentiment during times of wider market fluctuations.
A short-term depeg occurred after Justin Sun stated FDUSD had become insolvent. DTCC developed a blockchain-powered platform for tokenizing collateral through its recent launch at The Depository Trust & Clearing Corporation (DTCC). Standard Chartered released a market analysis indicating that Avalanche (AVAX) could reach $250 by 2029 because of its advancing presence in DeFi solutions and enterprise-level adoption.
The cryptocurrency market experiences widespread volatility from both external macroeconomic events along with in-market industry elements. Criteria like Bitcoin Cash ($BCH) and Ethereum Classic ($ETC) along with minor cryptocurrencies experienced upward movements during this period of decreasing $BTC and $ETH value. Markets display a reserved attitude toward investments as traders closely observe current trends to gauge their influence on cryptocurrency markets.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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