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Bitcoin 's rough week has continued into Friday, with the price of the leading cryptocurrency falling below $58,000. But while it's been a down month for Bitcoin, both Ethereum and Solana have seen far greater percentage dips over the course of August.

Now down more than 4% over the past day, Bitcoin is currently sitting at $57,932 , per data from CoinGecko. That's even lower than the $58,060 mark hit on Tuesday this week.

Bitcoin has now plunged by nearly 6% this week, and about 9% since the start of August. But as noted, while BTC is falling, other leading crypto assets haven't fared nearly as well.

At a current price of $2,440, Ethereum (ETH) is down 5% on the day and nearly 9% this week. But it's down over 22% over the course of this month after starting August at about $3,146.

Solana has fared worse on the day, down almost 9% to a current price of about $133 with a similar weekly dip. But SOL has plunged by more than 21% since starting August just shy of $169.

Other leading coins have marked similar losses across August, with Dogecoin (DOGE) down about 18% and The Open Network 's Toncoin (TON) falling 21%. TON had been nearly flat in August as of last weekend, but fell sharply following the arrest of Telegram co-founder and CEO Pavel Durov last Saturday , given TON's close association with the popular messaging app.

Declines across the market have boosted liquidations, with $186 million worth of long and short positions purged over the past 24 hours per data from CoinGlass . About $162 million of those were long positions, with Bitcoin leading all liquidations with nearly $58 million worth.

There's no immediately obvious cause for Friday's market dip. The stock market is down only slightly Friday, following a Fed inflation report that met expectations . That's fueled expectations that rate cuts remain imminent after Fed Chair Jerome Powell said last week that the "time has come for policy to adjust."