The total crypto market cap has dropped to around $3.6-3.7 trillion.

Bitcoin (BTC) is down from its recent highs — trading in the low ~$100,000s (≈ $107k at last check).

Ethereum ($ETH ) also pulled back notably (–4 %+ in short term).

A lot of leveraged positions were liquidated (hundreds of millions USD) as risk sentiment spiked.

Some analysts are warning the market may be entering a bearish phase, or at least a consolidation.

The macro environment is playing a key role: higher interest-rate expectations, cautious central bank messaging, and global economic issues are weighing on crypto.
$BTC

BTC

101,849.82

-1.12%

BNBUSDT

Perp

987.01

-1.26%