Currently, the global cryptocurrency market capitalization is $3.18 trillion, down 3.42% in the last 24 hours. The Fear and Greed Index is at 46, indicating neutral market sentiment, while the Altcoin Season Index is low at 23 (out of 100). Bitcoin is trading at $101,895, down 2.77% in the past 24 hours. Ethereum has fallen to $2,424, a decrease of nearly 7%, while Solana's price has dropped to $145.39, down over 5%. Ripple (XRP) has decreased to $2.10, and Dogecoin has been hit the hardest, plummeting nearly 9% to $0.1720. Despite this decline, analysts believe that this sharp reaction may be temporary. The tension between Musk and Trump may soon ease, which could help stabilize prices. Bitcoin's key support level is between $100,700 and $98,000. If the market can maintain above this range, it may enter a consolidation phase before attempting a rebound.
