News
Crypto Market Recap: 3.2% Drop in Market Cap
The global crypto market cap fell 3.2% to $2.83 trillion over the past 24 hours, with Bitcoin trading at $81,045.89, down 3.3% on the day and 2.7% over the past week. Ethereum changed hands at $2,367.93, down 6.2% in 24 hours. Other notable assets include BNB at $717.67, down 4.1% and XRP at $1.31, down 5.1% over the week. The market saw broader market turmoil, with South Korea’s KOSPI and KOSDAQ indices experiencing significant declines. Additionally, Anthropic reported a third-quarter revenue of $16.8 billion, up nearly 50% from $11.5 billion in the second quarter, indicating the company's profitability and potential for an IPO.