The crypto market is seeing a notable dip today, with the global market cap down around 5.83% to $3.37 Trillion.
Bitcoin (BTC) is trading around $104,500 - $104,975, down over 2.5%.$BTC
Ethereum (ETH) is also down, around $2,500 - $2,550, a decline of 2.2% to 5.5%.$ETH
The downturn is largely attributed to geopolitical tensions and the anticipation of the Federal Reserve's interest rate decision. Regulatory developments, like the U.S. Senate's stablecoin bill, are also in focus. South Korea is now the second-largest crypto market by trading volume.