Crypto Market Plunges Over 2%, Bitcoin and Ethereum Fall

The cryptocurrency market declined over the past 24 hours, with Bitcoin and Ethereum falling by more than 3% each.

Total market capitalization fell to $2.25 trillion, down from $2.3 trillion on July 31, while daily performance reversed from a 1.4% gain to a 2.4% loss.

Bitcoin's price dropped to $62,868.98, with a trading volume of $29.77 billion and a market cap of $1.26 trillion.

Ethereum's price fell to $1864.17, with a trading volume of $9.79 billion and a capitalization of $224.97 billion.