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On a weekly basis, Bitcoin lost about 3.01% of its value, due to the violent downward waves that hit the crypto market.

As for the prices of other cryptocurrencies, the price of Ethereum decreased by 5.90% to reach $2,459.10, while the price of Binance Coin fell by about 4.25% to record $638.30.

Cardano lost about 4.91% of its value, bringing its price to $0.6430, while the price of Ripple dropped by 2.79% to register $2.1384.

The price of Dogecoin decreased by 6.86% to reach $0.176142.$BNB