**Cryptocurrency Market Faces Downturn**

The cryptocurrency market experienced a notable decline, with the total market cap dropping from $2.95 trillion to $2.84 trillion, marking a -3.79% change within 24 hours. This downturn reflects a broader bearish sentiment affecting the industry.

**Bitcoin and Ethereum Decline**

Bitcoin's price fell by -2.89%, now trading at $85,872, while Ethereum saw a sharper decrease of -5.47%, priced at $2,343.13. These declines underscore the volatility and uncertainty currently prevalent in the market.

**Market Dominance and Trading Volume**

Bitcoin's dominance increased slightly to 59.94%, yet the overall trading volume decreased by -3.79% to $467.40 billion, highlighting reduced investor activity and confidence.

**Bearish Market Sentiment**

The market remains bearish, with 72% of coins losing value. Despite some gainers like KAITO, the prevailing trend suggests caution as regulatory and market dynamics continue to impact the sector.