The market is in the red today, with Bitcoin down nearly 1%, trading around $117,900, and Ethereum slipping about 2.1%, hovering near $3,770.BeInCryptoCoinbase+1The Economic Times+1

Aggregate metrics show the total crypto market cap has declined between 1.6% to 5.7% in the last 24 hours, depending on the source.ForbesCoinMarketCap The latest data puts it around $3.87 trillion, while some trackers report as low as $3.96 trillion—a clear sign of pullback pressure

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$XRP

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Why the dip?

  • Profit-taking after Bitcoin's recent rally to near-record highs around $120K.investopedia.com+12advisorperspectives.com+12youtube.com+12

    Lower market volume due to seasonal slowdown and indecisiveness among institutional investors.dailyforex.com

    Macro concerns about tighter U.S. monetary policy and global economic uncertainty.The Economic Timesft.com

🔦 Market outlook:

  • Support zones: Key Bitcoin support lies near $115K, while Ethereum sits just above $3,800. Additional weakness could test lower levels near $110K for BTC.dailyforex.com+1Coinbase+1

    Bounce potential: Recovery back above $117K BTC support or $3,800 ETH could signal stabilization and potential bounce.

    Institutional influence: Spot ETFs and treasury adoption remain strong themes underpinning sentiment, even in pullback periods.reuters.com+15investopedia.com+15