Digital assets are facing challenges as the crypto market cap experiences a 1.28% dip, currently standing at approximately $2.45 trillion, reflecting a 94.5% change from a year ago.

Cryptocurrencies like Bitcoin (BTC), Solana (SOL), and Dogecoin (DOGE) saw price drops in the last 24 hours, potentially influenced by the traditional market’s movements.

Bitcoin’s current price is $63,284, down by 2.32% from 24 hours ago, with a trading volume of $22.89 billion. While Bitcoin has seen a significant increase of over 118% compared to a year ago, it has faced declines of 10% in 30 days, 6.7% in two weeks, and 1.3% in the last seven days.

Solana, the fifth-largest cryptocurrency by market cap, saw a more than 4% price decrease, trading at $137.21 with a 24-hour trading volume exceeding $2.4 billion. Similar to Bitcoin, Solana has experienced drops of 25.6% in 30 days, nearly 8% in two weeks, and 2.6% in seven days.

Ethereum, on the other hand, showed a modest increase, trading at approximately $3,137, up by 0.23% in the last day. With a 24-hour trading volume of $10.26 billion, Ethereum has seen gains of 4% in seven days but a loss of over 12% in the last month.

Dogecoin, the largest meme token, also faced a price decrease of nearly 3% in the last 24 hours, trading at around $0.1451, a more than 30% drop from a month ago. Other meme coins like Pepe (PEPE), Dogwifhat (WIF), and Shiba Inu (SHIB) are also experiencing losses ranging from 2.82% to 7.87%.

Stay informed about the latest cryptocurrency news and trends on Global Crypto News to make well-informed investment decisions.

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