Crypto Market Update: Bitcoin dips 0.85% despite strong weekly gains

The digital currency market is showing particularly volatile movement in both the daily and weekly segments. Most leading currencies recorded a surprising decline.

Bitcoin, the most popular asset in the crypto market, showed significant jumps this week, but today (Sunday) it fell by 0.85%. Currently, its market cap stands at 1.54 trillion dollars and it is trading at a price of 77,370.2 dollars. During the week, the currency showed a notable positive change and rose by 21.51%, breaking a months-long record.

Ethereum also recorded a decline, falling by 0.59% today. Its market cap stands at 290.69 billion dollars and its price is 2,431.25 dollars. According to the data, the currency performed well over the past week, jumping by 28.17%.

In third place is Tether, which grew by 0.01% today, while rising by 0.011% over the last week. Its market cap stands at 183.22 billion dollars and it is trading at a price of 0.9999 dollars.

Binance Coin fell by 1.79% today, despite a 13.35% rise over the last week. The currency is trading at 695.30 dollars with a market cap of 91.62 billion dollars. Ripple fell dramatically by 3.04% during the day; its price is 1.4991 dollars and its market cap is estimated at 92.25 billion dollars.

USDC rose by 0.03% over the past week and recorded a 0.01% gain on a daily level. The currency price is 1.0001 dollars and its market cap stands at 73.56 billion dollars.