Cryptocurrency Bitcoin fell to a monthly low

Cryptocurrency experts have recorded that the bitcoin rate BTC $58,634.83 Bitcoin -2.51% Market capitalization $1.16 trillion VOL. 24 hours $2.96 billion has updated its 30-day low. The main digital asset fell by 1.6% overnight.

At the time of writing, on August 1, 2023, the flagship cryptocurrency costs $ 28,957, a 1.45% regression. The market capitalization of the asset reached $ 607.8 billion, and daily trading transactions exceeded $ 13.3 billion. The virtual coin’s market share is 48.2%.

The leading altcoin ETH $3,164.06 Ethereum -4.06% Market capitalization $380.31 billion VOL. 24 hours $1.32 billion dropped by 1.78%. At the time of writing, Ethereum is available for purchase for an average of $ 1,834. The total number of coins circulating on the market amounted to $ 222.1 billion. Traders made daily trading deals worth $ 5.7 billion. Ethereum’s dominance in the industry is currently 19%.

As a reminder, PricePredictions artificial intelligenceset the price of Ethereum on the last day of summer. According to the chatbot, the second cryptocurrency will cost $ 1,785. It should be added that Ethereum had only 12 «green» days in July, which indicates a relatively moderate bullish momentum. Analysts suggest that Ethereum has the potential for further price growth.