The global digital asset market registered a sharp decline on Friday morning. The biggest of the cryptos like Bitcoin (BTC) and BNB (BNB) prices have dropped by more than 3% over the past day. The crypto crash came in accordance with a decline in the Wall Street trading market.

As per the data, the cumulative market cap has declined by around 3% over the last day to stand at $1.08 trillion. While 24 hour trading volume saw a surge of 10% to stand at $80.7 billion.

Bitcoin price went to breach the $25k price level on February 16, 2023. However, BTC price has dropped by around 5% in the last 24 hours. Bitcoin is trading at an average price of $23,671, at the press time. However, its 24 hour trading volume is up by 4% to stand at $39 billion.

(By Ashish Kumar)

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