Cryptographic markets have been relatively quiet most of the week until today when the first five plunged more than 8%. Bitcoin (BTC) remained between $ 10,500 and $ 11,500, until it fell to $ 9,693.95 according to CoinMarketCap data

Bitcoin is currently trading at $ 9856.31 at the time release, down 8% over a 24-hour period.

<img alt=" Bitcoin Charts "src =" https://cointelegraph.com/storage/uploads/view/480d9e6a8fa29f2d69d14f01e85b6102.png "title =" Bitcoin Charts "/>

Total Value of market capitalization remained above $ 430 billion this week until today, March 7, when it fell to about $ 391 billion According to data from CoinMarketCap, total market capitalization is now around 397 billion dollars

<img alt=" Global Charts "src =" https://cointelegraph.com/storage/uploads/view/6e7b9dfa6073663ec99ac22b2d73054b.png "title =" Global Graphics "/>

Ethereum (ETH) experienced a slowdown this week, falling below $ 800 for the third since the beginning of February. ETH is trading around $ 738.31, down 9.39 percent from press time.

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Ripple (XRP ) is also down from its high of $ 1.08 yesterday, March 6, currently trading around $ 0.85 and down more than 8% over a 24-hour period. attributed to the announcement of a domestic money transfer application to be launched this fall by the Japanese Bank Consortium using Ripple's technology

<img alt=" Ripple Charts "src = "https://cointelegraph.com/storage/uploads/view/edbe591c1c58a5ebf245c879df1f054f.png" title = "Ripple Charts" />

Earlier in the morning, Cointelegraph reported on a possible piracy affecting the largest crypto exchange by commercial volume, Binance. The uncertainty surrounding the security of the main stock exchange may have influenced the confidence of traders, which led to the fall in prices this morning.