Bitcoin market cap is currently $200M after a -0.57% decrease on the day

The total cryptocurrency market cap is currently $200M after a -0.57% decrease on the day. The total crypto trading volume declined by -0.57% in the same time frame.

Key cryptocurrency market highlights for April 14, 2024:

The total cryptocurrency market cap is currently $ 2.69T after a -0.57% decrease in the last 24-hour period. The total crypto trading volume also saw a decrease of -0.57%.

In the last 24 hours, Bitcoin price grew by 0.06%, bringing its current price to $ 84,566. The Bitcoin dominance grew by 0.34%, and BTC's current dominance is 62.40%.

Among the best performers today is Orca, which saw a price increase of 17.89% in the last 24 hours.

The cryptocurrency market is still in a bear market, with 62% of coins in the red in the last 24 hours.

At press time, Bitcoin had a market capitalization of $ 1.68T after gaining 0.06% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by null% and reach null by April 14, 2025. To learn more about how the price of Bitcoin could change over the next 7 days, visit our Bitcoin price prediction page.

Ethereum, the second-largest cryptocurrency by market cap, is priced at $ 1,623.87 and has a market capitalization of $ 195.98B. ETH increased by 0.91% in the last 24 hours. If you're interested in where the price of Ethereum could head next, check out the Ethereum price prediction.

As for other crypto news, the U.S. House of Representatives passed a bill on Thursday that would mandate the creation of a digital dollar by 2025. The legislation, known as the "Bountiful Harvest: Maximizing American Innovation and Economic Strength Act," was approved 231-189, largely divided along party lines.

The bill, which was introduced by Republican Tom Emmer and Democrat Josh Constas, aims to promote financial stability and technological leadership by establishing a digital dollar as a complementary form of U.S. currency. It would be pegged to the value of the U.S. dollar and issued by the Federal Reserve.

The digital dollar would be available to consumers and businesses through commercial banks and other financial institutions. It would be used for payments and transfers, and it would be interoperable with other digital currencies.

The bill also includes provisions to promote innovation in the financial sector and to protect consumers from fraud and abuse.

The bill's passage comes amid growing interest in digital currencies around the world. Several countries, including China and Japan, are already developing their own digital currencies.

The bill will now go to the Senate, where it faces an uncertain future. Several Senate Democrats have expressed concerns about the bill's potential to impact privacy and consumer protection.

The bill's passage is a significant development in the ongoing debate over the future of money and technology. It could have far-reaching implications for the U.S. economy and financial system.

Stay tuned to Benzinga for more cryptocurrency coverage.

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