The overall crypto market fell, and Bitcoin fell below $38,000

Over the past 24 hours, the crypto market continued its downward trend. Bitcoin prices fell further, breaking through the key support level of $38,000, with a daily decline of nearly 3%. Ethereum followed Bitcoin's trend, with prices falling to around $2,350. In addition, the DeFi token Iron Titanium (TITAN) fell from $60 to nearly zero in one day, and the market value of the protocol once fell from $2 billion to nearly zero.

The current total market value of the cryptocurrency market is US$1,613,485,871,983, with a 24-hour trading volume of US$182,551,154,174. Bitcoin accounts for 43.66% of the market.

In the past 24 hours, 2 of the top 20 cryptocurrencies by market capitalization rose, and 21 of the top 100 cryptocurrencies by market capitalization rose. The top 3 gains were: XinFin Network (36.38%), Fantom (11.78%), HEX (11.46%). The top 3 losses were: Amp (-11.46%), SHIBA INU (-9.97%), Horizen (-7.80%).

According to Bitcoin News, the current price of Bitcoin, which ranks first in the cryptocurrency market value, is $37,600.25, with a total market value of $704.527 billion, down 2.86% in 24 hours. The highest price is $39,472.39 and the lowest price is $37,598.51.

According to Bitcoin News, the current price of Ethereum, the second largest cryptocurrency by market value, is $2,338.41, with a total market value of $272.03 billion, down 2.86% in 24 hours. The highest price is $2,454.6, and the lowest price is $2,323.34.

According to BitTorrent, the current price of BNB, which ranks fourth in cryptocurrency market value, is $349.22, with a total market value of $53.582 billion, down 0.99% in 24 hours. The highest price is $362.26 and the lowest price is $345.85.

According to BitTorrent, the current price of ADA, which ranks fifth in the cryptocurrency market value, is $1.47, with a total market value of $46.95 billion, down 2.91% in 24 hours. The highest price is $1.54 and the lowest price is $1.46.

According to BitTorrent, the current price of XRP, which ranks 7th in the cryptocurrency market value, is $0.829955, with a total market value of $38.349 billion, down 1.49% in 24 hours. The highest price is $0.8588352648, and the lowest price is $0.8275585445.

In the past 24 hours, the top 10 cryptocurrencies in terms of trading volume among the top 100 cryptocurrencies by market value were: USDT (US$69.947 billion), BTC (US$40.820 billion), ETH (US$24.277 billion), XRP (US$2.958 billion), ADA (US$2.718 billion), BNB (US$1.849 billion), DOGE (US$1.550 billion), DOT (US$1.283 billion), USDC (US$1.147 billion), and UNI (US$354 million).