What happened in the cryptocurrency market this week? Bitcoin, Ethereum, etc.

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This is a brief update on the cryptocurrency market situation this week. Staying informed about the latest market trends is crucial for making better decisions. Let's analyze the market. Are you ready? Let's get started!

The US dollar has performed well against the euro, yuan, yen, Indian rupee, and other major currencies. This week, the euro to dollar rate shifted from 0.9461 euros to 0.9519 dollars, the yuan from 7.2695 yuan to 7.2751 yuan, the yen from 149.955 yen to 153.579 yen, and the Indian rupee from 84.64 rupees to 84.76 rupees.

Cryptocurrency Market Situation This Week

This week, the total market value of cryptocurrencies dropped from 3.62 trillion dollars to 3.57 trillion dollars. The market value of altcoins also fell from 1.61 trillion dollars to 1.55 trillion dollars. The total market capitalization excluding BTC and ETH decreased from 1.13 trillion dollars to 1.08 trillion dollars. The market value of cryptocurrencies excluding the top ten cryptocurrencies fell from 43.592 billion dollars to 40.751 billion dollars.

Bitcoin Market Overview

In the past seven days, Bitcoin has increased by 2.1%. At the beginning of this week, the price of Bitcoin was 97,382.37 dollars. On December 11, the price of Bitcoin climbed to 101,034 dollars. On December 12, Bitcoin experienced a slight pullback. The current price of Bitcoin is 101,698.45 dollars.