Crypto
Cryptocurrency Market Declines Amid Rising Oil Prices and Interest Rate Uncertainty
The cryptocurrency market continues to decline, with most major assets experiencing losses over the past 24 hours. According to data from CoinMarketCap, Bitcoin fell by 0.68% to $78,355.31, while Ethereum declined by 0.79% to $2,477.58.
Other cryptocurrencies also saw significant drops, including BNB, which fell by 3.77% to $722.83, and Bittensor, which dropped by 0.11% to $257.46.
In contrast, some assets did record gains, with Zcash rising by 3.05% to $1,247.67 and Monero increasing by 2.27% to $514.81.
Gold-backed cryptocurrencies also saw price increases, with PAX Gold (PAXG) rising by 0.79% to $4,412.71 and Tether Gold (XAUT) increasing by 0.71% to $4,408.