Cryptocurrency market continues to decline, market cap falls below 1 trillion $

Cryptocurrency market continues to decline, market cap falls below 1 trillion $

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The downtrend continues in the cryptocurrency market. The world's largest cryptocurrency is currently trading above $ 20,000, but in the last 24 hours it has been seen trading below ($ 19925). 

The market cap of the cryptocurrency market has come down to 1 trillion. Let me tell you that Bitcoin reached the level of 99 69900 in November last year.

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But, since then, it has been steadily declining. Its prices have fallen about 56 percent since November. 

The price of Ethereum, the second-largest cryptocurrency, has been steadily declining since July 8. According to experts, if its price falls below $ 1140, it could fall into the 900 range.

Cryptocurrencies such as Dogecoin, Shiba Inu, XRP, Solana, BNB, Lightcoin, Chainlink, Polkadot, Evelanche, Tether, and Uniswap have also declined in the last 24 hours. Dogcoin is down 6 percent and Shiba Inu is down 5 percent.

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At the same time, Polygon Matic has seen a bullish trend over the last 24 hours, trading at $ 0.58.