Today, the digital currency market is under pressure from extensive selling, causing many cryptocurrencies to face price declines. The total value of the crypto market is currently $3.01 trillion, with Bitcoin holding the highest impact at 61.65% market share. Bitcoin (BTC) is under intense selling pressure, losing 6.05% of its value in the past 24 hours and currently trading around $94,000. Ethereum (ETH) is also in a downward trend due to Bitcoin’s decline, trading at $2,499 with a 19.87% drop. Among the few positive cryptocurrencies today, Dexe (DEXE) leads with 0.92% growth. On the other hand, SPX6900 (SPX) has recorded the highest price drop today at 19.17%, followed by Floki (FLOKI) with a 32.18% drop and Gala (GALA) with a 31.61% decrease. In conclusion, the crypto market is currently in a severe correction phase, requiring traders and investors to carefully analyze technical and fundamental aspects to benefit from market fluctuations.
