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Relative decline observed in major assets on crypto exchange markets

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A relative decline was observed in major assets in the cryptocurrency market over the past 24 hours, APA-Economics reports.

On the CoinMarketCap platform, the price of Bitcoin decreased by 0.09% to $81,106, the price of Ethereum fell by 0.32% to $2,302, while the price of BNB dropped by 2.62% to $680.

At the same time, the price of Zcash increased by 3.51% to $561, while Bitcoin Cash rose by 0.73% to $442.

The CoinMarketCap 20 Index declined by 0.34% over the past 24 hours to 163.23 points.

The total value of the global cryptocurrency market also decreased by 0.28% to $2.70 trillion. 

According to analysts, the mixed dynamics in the market are related, on the one hand, to investors assessing the future trajectory of interest rates in the United States, and on the other hand, to growing interest in gold-backed digital assets amid the rise in gold prices. This has also supported the price of alternative assets such as Zcash.

 

 

 



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