Bitcoin price falls below $76,000
Most major assets in the cryptocurrency market have declined over the past 24 hours.
According to the CoinMarketCap platform, Bitcoin fell by 2.42% over the past 24 hours to $75,830.10.
Ethereum decreased by 3.91% to $2,401.83, BNB fell by 0.95% to $714.49, and Zcash declined by 0.91% to $1,135. Monero lost 1.06%, Bitcoin Cash 1.04%, and Bittensor 5.49% of their value.
Meanwhile, mixed dynamics were observed among gold-backed cryptocurrencies. PAX Gold (PAXG) rose by 0.51% over the past 24 hours to $4,327.59, while Tether Gold (XAUT) increased by 0.46% to $4,322.32.
The CoinMarketCap 20 index fell by 2.90% to 156.27 points. Bitcoin's market capitalization stands at $1.52 trillion.
The main reasons for the market decline are cited as investors moving away from risky assets, uncertainty over the US Federal Reserve's interest rate decision, and increased caution in global markets.