Learn about the recent 8% decrease in the total market value of digital currencies due to price drops. Find out more about the top five cryptocurrencies affected.
Data indicates that after the plunge on February 24th, the top five digital currencies in the market have yet to recover to their previous levels, resulting in an 8.8% decrease in the total market value to $2.73 trillion. Among these, Ethereum (ETH) dropped by 11% to $2,091, Solana (SOL) decreased by over 11% to $126.29, Ripple (XRP) fell by 10.5% to $1.99, and Binance Coin (BNB) declined by 7.4% to $570.20. The total market value, which was $3.1 trillion at the beginning of February, even dropped to $2.5 trillion after the recent plunge and has yet to reach the $3 trillion mark.
