Seven of the top 10 stocks fell, and 82 of the top 100 fell.
According to CoinMarketCap, the price of Bitcoin was $23,192.72 as of 9 a.m. New York time, down 2.49% from 24 hours ago.
Ethereum 2.96%, BNB 2.15%, XRP 3.45%, Cardano 3.27%, Solana 5.06%, and Dogecoin 2.73%.
At this time, the market capitalization of the cryptocurrency market was $1.77.6 trillion, with Bitcoin accounting for 41.1%.
Source: CoinMarketCap (as of August 1st at 9 am New York time)
On the Chicago Mercantile Exchange (CME), the Bitcoin futures price in August, the most actively traded, fell by $715 to $23,275, and in September, by $680, to $23,375.
Ethereum futures price fell by $62.50 in August to $1,666.00, and the price in September contract fell by $65.00 to $1,667.50.
Bitcoin posted a monthly gain of 17% in July, finally ending several months of negative streak.
In the past few days, when the US Federal Reserve (Fed) raised interest rates by 0.75 percentage points, Bitcoin is evaluated to have performed quite well.
However, following rebounding to $24,500, Bitcoin did not continue its upward trend and soon retreated below $24,000.
The altcoin market also showed a similar movement to Bitcoin, with Ethereum also surpassing $1,700 and hitting a record high in weeks.
In particular, Polkadot recorded the best performance among major stocks, recording a weekly return of nearly 20%.
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