On the night of July 4, 2024, the price of bitcoin dropped below $58,000, hitting $57,800. At the time of writing, the first cryptocurrency is struggling to stay above $58,800.
This drop has had little effect on bitcoin’s market share, which stood at 54.62% on the morning of July 4.
It’s worth noting that it’s not just bitcoin that has been affected by the drop. Ethereum also fell in price, dropping below $3250, and some altcoins from the top 10 by capitalization, according to CryptoRank, have dropped significantly more. Solana (SOL) was the leader of the decline, losing 8.56% in 24 hours.
The index of fear and greed also decreased. During the day the index decreased by six points and amounted to 44.
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