Bitcoin (BTC), Ethereum (ETH) See Slight Downturn as Market Awaits Network Upgrades

Bitcoin, the leading cryptocurrency by market capitalization, has experienced a slight downturn in the past week. Currently priced at $59,315.94, BTC has seen a decrease of 2.90% over the last 24 hours and a 2.56% drop over the past week

The past week has seen a slight downturn in Bitcoin (BTC) performance. According to CoinMarketCap, BTC currently trades at $59,315.94, showing a 2.90% decrease in the last 24 hours and a 2.56% drop over the past week. The decline comes amidst ongoing concerns over regulatory news and macroeconomic factors, which continue to influence market sentiments.

Among the top cryptocurrencies, Ethereum (ETH) follows a similar trend to Bitcoin, with a current price of $2,591.03. It has faced a sharper decline of 3.37% in the last 24 hours and nearly 5% over the week. The drop comes ahead of the anticipated upgrades in the network, which have stirred both excitement and uncertainty among investors.

In contrast to the larger market trend, Polkadot (DOT) shows a positive movement. It is one of the few cryptocurrencies that has marked an increase, currently priced at $4.sq58. Over the last day, it has risen by 0.31% and by 1.51% over the week, indicating a resilient performance amid the market’s volatility.

Solana (SOL), known for its high-speed blockchain, is trading at $142.76, decreasing by 3.18% in the last 24 hours and 1.37% over the week. Despite the drop, Solana continues to hold interest among developers and investors for its potential in decentralized applications.

Finally, Ripple's XRP shows a minor decline of 1.88% over the past day but a gain of 2.78% over the past week, with a current price of $0.60. The mixed results reflect ongoing legal battles and partnerships that keep investors on edge.

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