Bitcoin falls below $78,300 after another rejection near $80,000

  • Bitcoin fell more than $2,000 after another rejection near the $80,000 level.
  • $78,200 marked Bitcoin’s low earlier today, while its market cap reached $1.570 trillion.
  • Ethereum fell below $2,500, while BNB reclaimed $750 after a minor increase.

Bitcoin was rejected near $80,000 again and fell by more than $2,000, reaching $78,200 earlier today and trading just above that level. Its market capitalization declined to $1.570 trillion, while its CMC market dominance fell to 58.8%. The move followed a volatile week in which Bitcoin dropped from $81,500, rallied to almost $82,500, and then reversed after a stronger-than-expected US jobs report. Ethereum fell below $2,500, while XRP slipped below $1.40 to $1.39. SOL remained above $100 despite a 1.7% daily decline, and BNB reclaimed $750 after a minor gain. ZEC, XMR, LINK and HYPE recorded deeper losses after recent advances. TAO dropped 6%, PONS fell more than 10%, while DOT, AERO and PIEVERSE gained more than 8%, 16% and 14%, respectively. The total cryptocurrency market capitalization declined around 1% to $2.670 trillion on CMC.

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