• In the last 30 minutes, the cryptocurrency market experienced a sharp jolt as Bitcoin (BTC) unexpectedly dropped 1.8% to $107,800, triggering a ripple effect across major altcoins.

  • Ethereum (ETH) followed suit, declining 2.1% to $2,510, while XRP slid 0.5% to $2.20. The total market capitalization contracted to $3.31 trillion, down 0.9%, with trading volume spiking briefly by 8% to $100 billion, reflecting heightened investor activity.

  • Analysts attribute this sudden dip to a combination of factors, including a large sell-off by a whale wallet moving 5,000 BTC, worth roughly $540 million, to an exchange.

  • This move sparked panic selling among retail investors. Additionally, uncertainty around impending U.S. regulatory discussions, set to resume this week, has fueled market jitters.

  • Smaller tokens like SUI and PEPE, however, showed resilience, gaining 1.2% and 1.5%, respectively, buoyed by community-driven momentum.Investors are advised to monitor key support levels for BTC around $107,000 and ETH at $2,500.

  • While short-term volatility is expected, experts remain cautiously optimistic, citing strong fundamentals and growing institutional interest. Stay tuned for further updates as the market stabilizes.

    $BTC $ETH $XRP