How much is Bitcoin? Losses continue…

Bitcoin's losses increased today. After falling to $57,500 earlier in the day, Bitcoin's losses have exceeded 10 percent in a week. Bitcoin is currently trading at $58,366. Here's the latest on the cryptocurrency market…

LATEST SITUATION IN THE CRYPTOCURRENCY MARKET

On Thursday, Bitcoin’s value fell below $59,000 as a number of factors increased selling pressure on the digital asset. Bitcoin (BTC-USD) was trading at $58,450, down 4% in the 24 hours leading up to press time.

Other cryptocurrencies, ether (ETH-USD) and solana (SOL-USD), are down even further, down 4.6% and 7.3% respectively. According to Coingecko data, the global cryptocurrency market cap is currently set at $2.28 trillion, which is a 4.1% decrease compared to the past day.

CryptocurrencyValue (USD)
Bitcoin58,336
Ethereum2,514
Ripple0.55
Cardano0.3307
To the left132

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