š§ Crypto Market Shows Signs of Cooling
š Trading Volume & Market Cap
Total crypto trading volume has dropped ~22% in the last 24 hours, now around $638 billion .
Bitcoin dominance has risen to ~61%, with total market cap steady near $3.87 trillion .
š Major Coins in Decline
Ethereum (ETH) slipped ~1.3%, settling around $3,560 .
XRP down ~2.6%, trading near $0.344, suggesting profit-taking after recent rallies .
Other altcoins (like Solana and Litecoin) dropped between 3ā5%, showing market-wide softness .
š§ Whatās Really Happening?
Cooling after a rally: Bitcoin rested around $118kā119k, prompting traders to lock in profits .
Profit-taking across alts: Most top coins dropped 2ā8% as short-term gains get cashed out .
Waiting for fresh catalysts: The market is pausing for new drivers like ETF news or macro economic clarity.
šÆ Smart Moves to Consider
Take small profits now; donāt chase pumps.
Use stop-losses to protect gains from sudden dips.
Stay alert for upcoming catalysts like ETF approvals or macro announcements.
š Bottom Line
The market is cooling, not crashing. Consolidation is healthy and offers a moment to reassess before the next move. Use this time wisely to refine your strategy, review your portfolio, and prep for the next upswing.
Stay sharp ā the crypto market is just catching its breath.
