The total market value of cryptocurrencies fell below $2.6 trillion, and Bitcoin's 24-hour trading volume exceeded $42 billion
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Planet Daily News: Possibly due to the "Black Monday" market expectations, Bitcoin dropped below $80,000 and touched a daily low of $78,574. Market sentiment led to a significant increase in Bitcoin trading volume, with Coingecko data showing a 24-hour Bitcoin trading volume of $42,402,114,975. On the other hand, the total cryptocurrency market value also fell below $2.6 trillion, currently reaching $2,599,480,858,343, with a 24-hour decline of 7.9%. Analysts believe that global trade tensions are considered the main reason for Bitcoin's sharp drop, forcing investors to be cautious before the storm passes and increasing selling pressure on Bitcoin. (Coingape)
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