The crypto market has intensified its correction today, sending the total market capitalization down by more than 6%, to USD 371bn, while the majority of top altcoins dropped against bitcoin (BTC).
BTC itself lost 5% in a day and is trading at USD 11,328 (UTC 17:15). The price is also down by 1.5% in a week. Meanwhile, other coins from the top 10 are down by 7%-10%, except binance coin (BNB) which is still up by 3% in a day.
BTC price chart:
Ethereum is down by almost 10%, trimming its weekly gains to also almost 10%. Moreover, ETH trading volume in the past 24 hours reached USD 22.27bn and is now bigger than BTC trading volume (USD 21.31bn).
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