The total cryptocurrency market value, which was over $1.8 trillion yesterday, dropped to $1.65 trillion towards the evening hours. Today, as the seller-weighted transactions continue, the total market value has dropped to less than $1.65 trillion. Average trading volume for the last 24 hours has also increased to $115 billion, mainly in sales.

Significantly affected by the general selling trend, Bitcoin (BTC) has lost 10% of its value since yesterday and was moving in the $35,700 band towards the evening hours. BTC market capitalization has decreased by $700 billion.

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While the 2022 bottom price of Bitcoin was at $ 34,000, after this level seen in January, a support of $ 35,000 was formed and Bitcoin reached the peak of the year at $ 48,000 at the end of March. According to the current situation, the largest cryptocurrency has been advancing with 22% depreciation since the beginning of the year.

While all crypto assets with high market caps are negative, the largest altcoin Ethereum (ETH) is currently down 8.5 percent below $2,700. While the BNB coin pulled up to $375, XRP slumped below $0.60.

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Solana was the altcoin that fell the most among the top 10 cryptocurrencies. SOL was changing hands at 81 dollars towards the evening hours with 12 percent depreciation in the last 24 hours. Terra (LUNA) is currently hanging below $80 with a 6.5 percent depreciation, while Cardano (ADA) is at $0.78, down close to 10 percent.

When we check the top 100 cryptocurrencies, the biggest loss in value towards evening hours belongs to the popular altcoin STEPN (GMT) token, with a loss of 26 percent. Axie Infinity (AXS) is the second biggest losing altcoin with 17% depreciation, while Waves is in third place with the same decrease. Among the top 100, only Anchor Protocol has managed to maintain its value in the last 24 hours and currently has buyers at $ 2.1, up 4.5 percent compared to yesterday.