The average trading volume of the last 24 hours in the cryptocurrency market has dropped to $ 90 billion today. Tesla, one of the corporate companies holding the most Bitcoin in its balance sheet, announced that it sold 75% of its Bitcoin assets in its income report yesterday, causing a correction in the market. However, the current corrective action seems to be limited so far. Because the Cryptocurrency fear and risk appetite index increased by 3 points to 34, but it shows that the market is still at the level of fear.

Bitcoin made the first significant correction yesterday in its rise, which started from $ 19,300 on July 13. After falling to the $ 22,400 band with sales starting from the $ 24,200 band, BTC recovered a little during the day and was moving around $ 22,590 at the time of writing. The weekly return of Bitcoin, which has fallen by 4 percent in the last 24 hours, has dropped to 15 percent. The largest cryptocurrency, with a market capitalization of $ 435 billion today, dominates 42.5 percent of the market.

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Ethereum found support at $1,480 on the day with the sell-off after peaking at $1,600 yesterday. The cryptocurrency, which received some demand towards the evening hours, rose to the level of $ 1,500 again. ETH, which has fallen by 5 percent in the last 24 hours, thus pulled its weekly earnings to 39 percent.

While the top 10 cryptocurrencies lost more than 5 percent in the last 24 hours, only BNB was the least losing altcoin to be exchanged at $260, down 3.5 percent. The hardest drop in the top 10 came from Cardano (ADA) and Solana (SOL) markets, with an average of 7.5 percent. While ADA is trading in the $0.48 band today, SOL has seen a slight recovery to $41 after falling to $39 during the day.

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Almost all of the top 100 cryptocurrencies today reflect the impact of the decline. On the other hand, Monero (XMR), trading at $152 with a 5% increase in value, was the altcoin that diverged positively from the market. Apart from Monero, THORChain (RUNE), which is in the 52nd place, also finds buyers at $ 2.78 with an increase of 1.5 percent.

In the top 100 cryptocurrencies, there are currently 3 altcoins that are seeing double-digit losses. These altcoins are listed as Lido DAO (LDO), which has dropped 11 percent, and Waves (WAVES) and Gala (GALA), which has dropped 10 percent. LDO, whose weekly gain decreased to 92 percent after the last downward momentum, continues as the most profitable altcoin on a weekly basis.