At the time of writing, Bitcoin was trading at $104,618, down 2.69 per cent in the past 24 hours, extending its weekly loss to 8.31 per cent and trading nearly 17 per cent below its all-time high of around $126,000. Ethereum slipped 6.29 per cent to $3,497, marking a 15.11 per cent weekly drop and remaining 29 per cent below its record peak of $4,953.
Among other major altcoins, XRP declined 6.76 per cent to $2.25, extending its weekly losses to 14.83 per cent, while BNB fell 8.30 per cent to $946.70, down about 16 per cent over the week. Solana saw one of the steepest declines, plunging 11 per cent in the past 24 hours and 22 per cent over the week to $157.11. The broader global cryptocurrency market capitalisation also fell 4 per cent in the past 24 hours to $2.46 trillion, extending its weekly decline to nearly 10 per cent.
