Cryptocurrency Markets Lose $250B in a Week as Bitcoin and Other Digital Currencies Experience Significant Drops

The value of Bitcoin continues to decrease, reaching a two-week low of just over $81,000. Other digital currencies, or altcoins, have been hit even harder with many showing double-digit price drops over the past week, causing the total market cap to fall to $2.750 billion.

Bitcoin's market capitalization has fallen to $1.630 trillion, but its dominance over altcoins has increased to 59.2%. Among the biggest losers are SUI, HBAR, LEO, and XRP, with price drops of up to 8%. Other cryptocurrencies like DOGE, ADA, BNB, LINK, and XLM have also seen losses, but less severe ones.

Despite this, some cryptocurrencies like CRO and TON have seen gains of 20% and 6% respectively. The total cryptocurrency market cap has decreased by $250 billion since last Monday.