Bitcoin slides to $83,209 amid sell-off

Major digital assets recorded broad declines across the cryptocurrency market over the past 24 hours. According to data from the CoinMarketCap platform, Bitcoin edged down 0.28% over the day to trade at $83,209.68, bringing its seven-day decline to 2.79% with a total market capitalization of $1.67 trillion.

Ethereum slid 1.35% to $2,507.20, BNB retreated 1.07% to $742.34, Zcash tumbled 5.53% to $1,212.58, Bittensor sank 5.33% to $278.55, and Bitcoin Cash dropped 4.44% to $271.66, while Monero settled at $531.42.

Gold-backed tokens also softened, with PAX Gold (PAXG) easing to $4,185.69 and Tether Gold (XAUT) slipping to $4,180.77, pushing the CoinMarketCap 20 index down 1.01% to 169.28 points as investors locked in profits amid cautious risk sentiment.

N.Tebrizli