The digital currency markets have been bearish for the past few days as prices continued to fall. The total market capitalization of all existing crypto assets fell over 8% to $ 1.25 trillion on Sunday. Bitcoin has fallen from its all-time high (ATH) of $ 58,350 last Sunday to today’s low of $ 43,189 per unit.

  • Bitcoin (BTC) prices are down -25.98% since last Sunday, and today the crypto asset hit a new low. At 10:48 a.m., New York time, BTC prices hit a low of $ 43,189 per coin. BTC is down over 7% today but is still up 28% in the last 30 days and 122% in the last three months.
  • The BTC dominance or market valuation compared to the other valuations of the crypto economy is now 61.23%.

Bitstamp BTC / USD 3-minute interval chart on February 28, 2021. At the time of writing, BTC hands were trading at prices between $ 43,600 and just above the $ 44,000 value.

  • The second largest crypto asset by market valuation is Ethereum (ETH), which will be exchanged for USD 1,318 per coin on Sunday. ETH prices are down over 10% today and have lost 31% last week.
  • Cardano (ADA) currently has the third largest market cap, and each ADA trades hands for $ 1.20 per unit. ADA was a coin that has significantly outperformed other crypto assets in the past two days while most markets were in bearish. ADA is down 12% today, but the 7-day stats show Cardano is up over 10%.
  • Cardano (ADA) is expected to be updated on March 1, 2021, adding native token capabilities to the Cardano network.
  • Meanwhile, Tether (USDT) holds fourth place, followed by trading in Binance coins (BNB) for USD 197 per coin. The token created by Binance fell 11% on Sunday and 31% last week. BNB stands for Polkadot (DOT) for a touch over 30 USD per DOT.

Bearish outlook as Bitcoin's 7-day average drops 25%, ADA lights up during the stormBitstamp BTC / USD 4-hour candle chart on February 28, 2021.

  • XRP was pushed to seventh place and is down 10% today. Each XRP trades for $ 0.39 per unit. Litecoin (LTC) trades for $ 155 per coin and is down over 9% this weekend.
  • Managed by crypto firm Circle, USDC stablecoin has made it into the top ten crypto market cap positions. Currently, USDC is the eighth largest market valuation with $ 8.97 billion in circulation.
  • Finally, stellar (XLM) ranks tenth among the more than 8,000 existing crypto tokens. A single XLM is currently trading for $ 0.39 per unit and, interestingly, is roughly the value of XRP as the Stellar network blockchain was developed in a similar way.

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25% loss, bearish, bearish markets, bears, bitcoin, bitcoin (BTC), bitcoin cash, bitcoin price, BTC, crypto assets, litecoin, lows, market lows, price drops, prices, tether, top ten, USDC

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