📉 Strong fluctuations shake the cryptocurrency market!
In recent days, there has been significant movement in the market:
Bitcoin dropped to around $117,500 after touching a historic level of $124,500.
The market capitalization of Bitcoin decreased to about $2.34 trillion despite its dominance remaining near 58%.
🔻 Conversely, Ethereum led the downward wave with a loss of more than 10% over 24 hours, stabilizing near $4,500 after approaching $4,800.
🔹 Other major coins like SOL, AVAX, and LINK experienced declines between 3% and 7%, except for MNT which defied the trend and rose by more than 10%.
📊 Overall, the total market capitalization of cryptocurrencies fell by about $80 billion in just one day, settling at $4.05 trillion.
🚨 Question: Are these just natural corrections before a new upward wave, or the beginning of a deeper decline?