Crypto market declines: BTC falls to $66,000

A decline has been observed in the cryptocurrency market over the past 24 hours, citing the CoinMarketCap platform.

The total market capitalization has fallen to $2.29 trillion, which is a 2.67% decrease compared to the previous day. At the same time, the CoinMarketCap 20 index dropped by 3.37% to 137.15 points.

The price of the largest cryptocurrency, Bitcoin, decreased by 3.05% over the past 24 hours to $66,450. Ethereum also fell by 3.77% to $2,046.

Declines were also recorded in other major cryptocurrencies. The price of BNB fell by 4.37%, Bitcoin Cash by 4.80%, Monero by 1.78%, and Bittensor by 1.25%.

In contrast, gold-backed stable tokens recorded increases. The price of PAX Gold rose by 3.78%, while Tether Gold increased by 3.41%.