🔔 General Market Trends 📈📉
Bitcoin recorded a slight decline of about 0.02% during the day, with a noticeable drop over the last week of around 8% from its peak of about $124,000, reaching today around $113,600–$113,800. This decline is attributed to profit-taking and traders' anticipation of Federal Reserve Chairman Jerome Powell's speech expected during the Jackson Hole summit.
Ethereum and other leading currencies (such as Solana and XRP) experienced increases ranging from 1.2% to 3.5% over the past 24 hours, reflecting a tendency towards partial optimism and positive shifts in the market.
The total market capitalization of cryptocurrencies is witnessing a slight decline ranging from 1% to 2% in the last 24 hours, with the total value around $3.9 trillion according to various sources. Daily trading volume is also experiencing a noticeable decline of about 19% according to some sources.
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