Bitcoin [BTC], Cardano [ADA] succumb to the bear; witness drops more than 6%

The bear continues to torment the entire crypto-currency market, with only a few pieces showing signs of resistance. Bear has made sure that its presence is felt by the main players in the market, who are all double-digit since the last seven days.

Bitcoin [BTC], the largest and most important cryptocurrency by market capitalization, remains the bear's favorite coin. The coin has plunged more than 6% in the past 24 hours. According to CoinMarketCap, at the time of the press, the cryptocurrency was trading at $ 3,721 on BitMEX and at a premium rate of $ 3,849 on Bitfinex.

The coin has a market capitalization of $ 65.72 billion and a trading volume of $ 6.52 billion. Over the past seven days, the coin has lost 20%. In addition to the price, the bear has slashed much of the market capitalization of the coin. The beginning of the month saw the coin start with a market capitalization of nearly $ 110 billion, now representing the private room of over $ 40 billion.

In terms of transaction volume, BitMEX, the largest trading exchange in the United States, continues to lead the market with BTC / USD pairs. Binance, one of the world's leading trading platforms, with BTC / USDT pairs, is the second in the lineup. The other three main ones include CoinBene, CoinBit and Bitfinex.

Bitcoin [BTC] price table | Source: CoinMarketCap

Ethereum is another major currency that has suffered a horrible defeat. [ETH], Stellar Lumens [XLM]Monero [XMR] and Cardano [ADA].

Cardano [ADA], the tenth largest cryptocurrency due to the entry of Bitcoin SV in the top 10, has fallen more than 7% in the last 24 hours. The coin is trading at $ 0.035 with a market capitalization of $ 916.33 million. Its trading volume amounted to $ 27.99 million and posted a 27.61% loss over the past seven days.

The highest transaction volume for cryptocurrency flows from a ZBG exchange, with ADA / USDT matching. The second highest is on Binance, with Tether [USDT] pair. Other exchanges in the top five include Upbit, Huobi and ZB.com.

Cardano [ADA] price table | Source: Negotiation View

Harambae2point0, a Redditor, commented on the development and said:

"It is the complete opposite of what happened last year lol. Parabolic bull, incredible drop. It has been a constant entertainment. What will happen next? "

PornKingofChicago, another Redditor, said:

"Bitcoin is coming back to 2010 … it's like when the matrix has been reloaded"

Sidewalkcrusher_1 said:

"I guess Hodl is now sodl."