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Bitcoin Closed First Red Month in 2023 Following a 7% Decline in May (Market Watch)

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Cardano's ADA has declined the most from the larger-cap alts, while LTC is up by almost 4%

It managed to stay north of $27,000 at first, but the past 24 hours brought another leg down. This time, bitcoin fell to a multi-day low of $26,600. Despite recovering a few hundred dollars since then, BTC still trades in the red on a daily scale.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:It even closed May with a 7% decline, making it the first losing month of the new year.

Cardano has declined the most from the larger-cap alts. ADA is down by over 3% and sits at $0.36. In contrast, Litecoin has jumped by almost $4 and trades above $90.Overall, though, the cumulative market cap of all crypto assets has seen another $10 billion gone daily. The metric is down by almost $40 billion in the past two days to $1.130 trillion.

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