Bitcoin (XBT/USD) Corrects Lower, Trades at $60,000 on Friday

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Bitcoin (XBT/USD) is experiencing a price correction on Friday, trading around $60,000.

The global cryptocurrency market capitalization has surpassed $3 trillion.

Bitcoin (BTC) accounts for over 60% of the total market structure.

It is worth noting that the increase in demand for crypto assets is accompanied by growing institutional interest.

The price of Ethereum (ETH/USD) has risen to $1,560.

Ripple (XRP/USD) is seeing an increase to $1.20 on Friday.

Average daily trading activity reaches $250-350 billion, highlighting the scale of involvement from both retail and institutional investors.

Leaders in cryptocurrency market capitalization include:

- Bitcoin - the leading digital asset,

- Ethereum - a platform for smart contracts,

- Tether - the most capitalized stablecoin,

- Altcoins: Solana, BNB, Dogecoin, etc.

This overview was provided by Alexey Grishchenko, Ph.D., Professor of the Department of Operational and Sectoral Management at the Faculty of "Higher School of Management" of the Financial University under the Government of the Russian Federation.