The cryptocurrency market witnessed a sharp correction as Bitcoin ($BTC ) dipped below the $105,000 mark, reflecting broader market uncertainty. Meanwhile, KAIA emerged as the top gainer, defying the downturn with a notable price surge.
Market analysts attribute Bitcoin’s decline to profit-taking and macroeconomic concerns, while KAIA’s rally suggests growing investor confidence in emerging altcoins. The global crypto market cap currently stands at $3.27 trillion, marking a 1.68% drop in 24 hours.
With Bitcoin struggling to maintain key support levels, traders are now eyeing potential recovery zones. Will BTC bounce back, or is further downside ahead?
Poll:
Where do you see Bitcoin heading next?
🔹 Above $110K soon
🔹 Stuck between $100K and $110K
🔹 Below $100K