On October 19th, Thursday, Bitcoin broke its recent profit streak, registering a loss of 0.88 percent. The current trading value for Bitcoin stands at $28,225.
While this minor decline has caused some concern, Bitcoin has managed to hold above the $28,000 mark, which is keeping the crypto community cautiously optimistic for the coming days.
In a parallel trend, Ether (ETH) also faced losses today, marking a 1.43% drop to trade at $1,547. Over the last 24 hours, Ether's value decreased by $19.
The negative sentiment extended to other major cryptocurrencies, including Solana, Polygon, Cardano, Dogecoin, and Litecoin, all of which experienced losses in their trading values.
Shiba Inu, Chainlink, Avalanche, Stellar, and Monero also saw price reductions in the crypto market today.
The collective cryptocurrency market cap witnessed a 0.91% decrease in the last day.
The current total market valuation for the cryptocurrency sector stands at $1.08 trillion, according to data from CoinMarketCap.
