Bitcoin is facing fresh selling pressure despite easing U.S.-Iran tensions and over $400 million wiped out from the crypto market in the past 24 hours. The cryptocurrency was trading at $75,398 mark witnessing a decline of nearly 3% in the past 24 hours.
Ethereum also declined 3% to trade at $2,061 mark. Among the major altcoins, BNB, XRP, Solana, Tron, Dogecoin, Hyperliquid and Cardano corrected upto 4.75%. The global crypto market capitalisation edged down 2.31% to $2.52 trillion, according to CoinMarketCap.
