Bitcoin (XBT/USD) Dips to $80,000 Amid Friday Price Adjustment
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Bitcoin (XBT/USD) is experiencing a correction on Friday, trading at around $80,000.
The global cryptocurrency market capitalization exceeds $3 trillion.
Bitcoin (BTC) accounts for more than 60% of the total market structure.
It is worth noting that the growing demand for crypto assets is accompanied by an increase in institutional interest.
The price of Ethereum (ETH/USD) has risen to $2,500.
The current exchange rate of the Tether stablecoin (USDT) to the Russian ruble (USDT/RUB) is 87 rubles per 1 USDT.
Average daily trading activity reaches $250-350 billion, highlighting the scale of involvement of both private and institutional investors.
Leaders in cryptocurrency market capitalization:
- Bitcoin - the leading digital asset,
- Ethereum - a platform for smart contracts,
- Tether - the most capitalized stablecoin,
- Altcoins: Solana, BNB, Dogecoin, etc.
This overview was presented by Alexey Grishchenko, Ph.D., Professor at the Department of Operational and Sectoral Management of the "Higher School of Management" Faculty at the Financial University under the Government of the Russian Federation.