Bitcoin (BTC), Ethereum (ETH) See Red as Market Uncertainty Grips Cryptocurrencies

Bitcoin, the flagship cryptocurrency, has seen a slight decrease over the past day but a significant dip over the past week, as per CoinMarketCap data. The nearly 11% weekly drop reflects a broader market uncertainty

Top cryptocurrency prices today: Bitcoin sees slight daily dip, while Ethereum, Polkadot, Solana, Shiba Inu show varied trends

Bitcoin (BTC) price saw a slight decline today but experienced a significant decline last week, according to CoinMarketCap data. The weekly decline of around 11% reflects broader market uncertainty driven by macroeconomic factors such as inflation concerns or geopolitical tensions.

While the current price of Bitcoin is $56,850.00, the daily price change is recorded as -0.27 and the weekly price change is -10.68.

Ethereum (ETH) price has fallen even more sharply over the last week in particular, seeing a staggering 22.75% drop. This could be attributed to ongoing debates about its scalability and transaction costs, or a shift in investor interest towards new blockchain technologies.

While the current price of Ethereum is $2,428.09, the daily price change is recorded as -3.37 and the weekly price change is -22.75.

Contrary to the general downward trend, Polkadot showed a significant daily increase. This could be attributed to recent development updates or positive news about network capabilities. However, its weekly loss still shows volatility in investor confidence.

Polkadot's current price is $4.73, while the daily price change is +3.98 and the weekly price change is -10.33.

Solana's slight daily decline and significant weekly decline may be a reaction to network performance issues or competitive pressures from other Layer-1 blockchain solutions.

While the current price of Solana is 152.33 dollars, the daily price change is recorded as -0.48 and the weekly price change is -8.50.

Meme coin Shiba Inu continues to show high volatility with significant declines both daily and weekly. This is influenced by the speculative nature of meme coins and investor interest.

While the current price of Shiba Inu is 0.00001327 dollars, the daily price change is recorded as -3.07 and the weekly price change is -15.21.

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