Bitcoin briefly broke through $38,000 before falling under pressure

In the past 24 hours, the crypto market has seen more declines than increases. Bitcoin briefly broke through $38,000 during the session, then fell to the $36,000 support level. Ethereum fell nearly 4%, falling below $2,500, and Binance Coin fell more than 4%. The top ten cryptocurrencies by market value fell across the board.

The current total market value of the cryptocurrency market is US$1,617,157,292,080, with a 24-hour trading volume of US$238,190,788,525. Bitcoin accounts for 42.16% of the market.

In the past 24 hours, 3 of the top 20 cryptocurrencies by market capitalization rose, and 17 of the top 100 cryptocurrencies by market capitalization rose. The overall cryptocurrency market is on a downward trend. The top 3 gainers are Amp (9.87%), Chiliz (9.71%), and Bitcoin Gold (9.08%). The top 3 losers are Internet Computer (-16.65%), THORChain (-12.63%), and Creditcoin (-11.19%).

According to Bitcoin News, the current price of Bitcoin, which ranks first in the cryptocurrency market value, is $36,398.79, with a total market value of $681.817 billion, up 0.61% in 24 hours. The highest price is $38,008.97 and the lowest price is $35,870.99.

According to Bitcoin News, the current price of Ethereum, the second largest cryptocurrency by market value, is $2,463.28, with a total market value of $286.327 billion, down 3.69% in 24 hours. The highest price is $2,605.92, and the lowest price is $2,436.2.

According to BitTorrent, the current price of XRP, which ranks 7th in the cryptocurrency market value, is $0.867623, with a total market value of $40.075 billion, down 1.06% in 24 hours. The highest price is $0.919329597 and the lowest price is $0.85419669.

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$91.724 billion), BTC (US$46.647 billion), ETH (US$29.961 billion), XRP (US$4.644 billion), ADA (US$4.243 billion), BNB (US$3.690 billion), DOGE (US$3.121 billion), DOT (US$2.259 billion), USDC (US$1.294 billion), and UNI (US$525 million).