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BTC’s Price Has Dropped Almost 1% After Mini Market-Wide Selloff

Published 03/02/2023, 08:26
Updated 03/02/2023, 08:45
© Reuters. BTC’s Price Has Dropped Almost 1% After Mini Market-Wide Selloff

  • BTC’s price has dropped 0.92% over the last 24 hours.

  • The crypto market experienced a mini selloff late yesterday evening.

  • BTC’s price is now resting on a medium-term positive trend line and may break below it.

The last 24 hours have seen the crypto market shed 0.79% of its total market cap according to CoinMarketCap. At press time, the total crypto market cap stands at $1.08 trillion, which is a 0.79% decrease.

The drop in the total crypto market cap follows after a mini selloff took place yesterday. This sell off saw the majority of crypto prices drop in a matter of hours. One such crypto is the market leader, Bitcoin (BTC).

Currently, the price of BTC is down 0.92% and is trading at $23,524.51 at press time. Despite the 24-hour drop in price, the market leader’s weekly performance is still in the green at +2.23%.

The post BTC’s Price Has Dropped Almost 1% After Mini Market-Wide Selloff appeared first on Coin Edition.

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