Guavy Logo
Guavy AI Editorial TeamSentiment: -2.9Clout: 75

Global Markets in Decline as Crypto Prices Plunge

Advertisement

Crypto prices have plummeted in recent days, following a brief bull run. The collective market cap has dropped by 4.11%, while the FG Index has fallen from 40-44 points to 33 points.

Individual top tokens have also seen significant losses, with Bitcoin (BTC) down 4.18% and Ethereum (ETH) shedding 5.44% of its value. Other major cryptocurrencies such as XRP (-3.89%), BNB (-3.25%), and SOL (-4.38%) have also declined.

The Bank of Japan has maintained its benchmark interest rate at 0.75%, while South Korea's Kospi recorded a 1.3% decline.