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Relative decline observed in crypto market

11 March 2026 10:05 (UTC +04:00)

Mixed dynamics were observed in the prices of major assets in the cryptocurrency market over the past 24 hours, APA-Economics reports, citing the CoinMarketCap platform.

The total capitalization of the global cryptocurrency market has formed at around $2.39 trillion.

Over the past 24 hours, the price of Bitcoin decreased by 0.22%, settling at $70,017.88. At the same time, BTC’s market capitalization amounts to $1.40 trillion. Over the past 7 days, Bitcoin’s price has increased by 3.19%.

Meanwhile, Ethereum, the second-largest cryptocurrency in the market, fell by 0.16% over the past day and is trading at $2,036.72. Ethereum’s market capitalization stands at $246.7 billion.

Daily declines were also recorded in other major cryptocurrencies. The price of BNB fell by 0.42% to $643.60, Solana dropped by 0.62% to $157.47, XRP decreased by 0.64% to $0.526, Dogecoin declined by 0.63% to $0.158, and Cardano fell by 0.30% to $0.418.

At the same time, the CoinMarketCap 200 (CMC200) index, which reflects the overall dynamics of the market, decreased by 0.03% over the past 24 hours to $142.61. However, the index has increased by 2.87% on a weekly basis.

According to analysts, the short-term decline in the cryptocurrency market is mainly driven by investors partially reducing their positions in risk assets amid rising geopolitical tensions in the Middle East, as well as profit-taking following previous price increases. Nevertheless, the high level of liquidity in the market indicates that interest in crypto assets continues in the medium term.