Crypto market continues to weaken, Bitcoin nearly breaks $10,000

The cryptocurrency market continued to weaken over the past 24 hours. After last week's sharp fluctuations and weekend consolidation, Bitcoin, the cryptocurrency with the highest market value, fluctuated slightly and fell to around $10,000. The market generally believes that Bitcoin will fluctuate between $10,000 and $14,000 in the near future to accumulate strength for subsequent upward breakthroughs. The current market sentiment is still optimistic and the long-term outlook remains bullish. Other major cryptocurrencies also weakened.

The current total market value of the cryptocurrency market is US$307,278,503,094, with a 24-hour trading volume of US$86,672,884,859, and Bitcoin accounts for 61.03% of the market.

In the past 24 hours, 2 of the top 20 cryptocurrencies by market capitalization rose, and 20 of the top 100 cryptocurrencies by market capitalization rose. The overall cryptocurrency market is in a downward trend. The top 3 gains are: Revain (21.94%), Basic Attention Token (11.94%), NULS (6.99%). The top 3 losses are: Aurora (-19.09%), Holo (-13.24%), Crypto.com Chain (-12.05%).

According to Bitcoin News, the current price of Bitcoin, which ranks first in the cryptocurrency market value, is $10,535.91, with a total market value of $187.45 billion, down 7.82% in 24 hours. The highest price is $11,418.67 and the lowest price is $10,124.3.

According to Bitcoin News, Ethereum, the second largest cryptocurrency by market value, is currently priced at $291.51, with a total market value of $31.109 billion, down 3.68% in 24 hours. The highest price is $302.72 and the lowest price is $282.5.

According to Bitcoin News, XRP, which ranks third in the cryptocurrency market value, is currently priced at $0.401306, with a total market value of $17.082 billion, down 1.14% in 24 hours. The highest price is $0.416906 and the lowest price is $0.393823.

In the past 24 hours, the top 10 cryptocurrencies in terms of trading volume among the top 100 cryptocurrencies by market value were: Bitcoin ($29.381 billion), Tether ($26.654 billion), Ethereum ($10.537 billion), Litecoin ($4.993 billion), EOS ($2.909 billion), Bitcoin Cash ($2.077 billion), XRP ($1.887 billion), Ethereum Classic ($834 million), NEO ($645 million), and TRON ($621 million).