📉 Crypto Market Dips Below $4T – What's Behind the Pullback?
The crypto market slipped 4.6% today, dropping below its recent $4 trillion milestone to $3.99T. Bitcoin ($117,854) and Ethereum ($3,692) saw modest declines, while Dogecoin led losers with a 3.2% drop. Solana defied the trend with a 5.1% surge to $198.97. Analysts point to Bitcoin ETF outflows and growing trade war tensions ahead of August's potential US tariff deadline as key pressure points.
💼 Institutional Shifts Ahead: JPMorgan's reported plans to launch crypto-backed loans in 2024 could signal growing mainstream adoption. Meanwhile, Ledn's CIO predicts this is just the "5th wave" before BTC reaches $136-140K by early 2026. Is this a buying opportunity or warning sign?
