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Bitcoin Down 8%, Dogecoin Down 10% And Shiba Inu Down 12% Over Last Week

The most popular cryptocurrency in the world, Bitcoin, has not been able to cross the $ 50,000 mark for a long time, although in the fall it rose to almost $ 70,000.

According to Coinmarketcap, the price of bitcoin has dropped by 8% over the past week, and less than $ 47,000 is given for one coin. The market capitalization of the cryptocurrency is $ 887 billion. According to forecasts of some analysts, this year the rate may rise to 200 thousand dollars, but we have heard quite a lot of such forecasts.

Another popular cryptocurrency, Ethereum, now costs about $ 3.8K, while the cryptocurrency rate has decreased by 6.7% a week. Ethereum has a market cap of $ 451 billion.

The Dogecoin cryptocurrency backed by Elon Musk has fallen in price by almost 10% in a week. The exchange rate is 0.1715 and its market capitalization is $ 22.7 billion.

Another popular "dog" meme currency, Shiba Inu, fell 12.3%, Solana fell 13.7%, and Cordana fell 8.4%.

Bitcoin Down 8%, Dogecoin Down 10% And Shiba Inu Down 12% Over Last Week