Bitcoin suffered losses of 1.15% on Tuesday, November 28, for the second day in a row, reaching 37,034 dollars, over the past 24 hours, as the price of the oldest cryptocurrency fell by 204 dollars, with the approach of the holiday season and the recent fall of former Binance CEO Changpeng Zhao.
Ethereum joined bitcoin on the losing side of cryptocurrencies on Tuesday, after recording a decline of 1.83%, as ETH is currently trading at 2012 dollars.
It is worth noting that, despite the constant fluctuations in the market, both BTC and Theth managed to hold out at high price points in a row, which rose at the beginning of this month.
Binance Coin, Tether, ripple, Solana, Cardano, dogecoin, Tron, chainlink, Polygon, avalanche, polkadot, litecoin, Shiba Inu and Bitcoin Cash also suffered losses today for the second day in a row today.
The overall valuation of the cryptocurrency market has fallen by 1.65% over the past 24 hours, at present, the cryptocurrency market capitalization is 1.4 trillion dollars according to CoinMarketCap.
Meanwhile, a few alternative currencies reflect small profits today, these include USD Coin, uniswap, Leo Binance USD, and IOTA.