Bitcoin has witnessed a decline of 1.09%, as it is trading at a price of 27,590 dollars, due to the ongoing war between Palestine and the Israeli occupation army, and this decline in the value of bitcoin, along with ongoing geopolitical tensions, has affected the prices of most cryptocurrencies.
Last week, bitcoin was trading around a price point of USD 27,553 and since then, the cryptocurrency asset has failed to see any significant changes in its prices, according to the gadgets360 website.
Ether also joined Bitcoin in seeing the decline on Tuesday, and after a loss of 2.94%, ether is currently valued at 1,583 dollars.
Shiba Inu, chainlink, avalanche, Leo, stellar, Monero and cosmos also recorded minor but noticeable losses.
The total market capitalization of the cryptocurrency sector has decreased by 1.56% over the past 24 hours, at the time of writing, the cryptocurrency market valuation has reached 1.07 trillion dollars, according to CoinMarketCap .
Among the few cryptocurrencies that managed to keep a slight profit, the names USD Coin, Bitcoin Cash, Binance USD, cartesi, bitcoin Hedge and status are distinguished.
