Recently, the cryptocurrency market has declined overall.

Data shows that as of today, the total market capitalization of cryptocurrencies is approximately $2.6 trillion, down 5.99% from last week.

Taking Bitcoin as an example, the current price is around $84,014.

According to market analysis, Bitcoin's recent price fluctuations are mainly due to President Trump's tariff policies and market concerns about an economic recession.

Meanwhile, the altcoin market has performed poorly.

For instance, Filecoin (FIL) has seen its market capitalization shrink by 90% from its peak in 2021.

This phenomenon reflects a shift in market speculative sentiment and highlights the short-term cashing out behavior of some project teams.

Overall, the current market sentiment is cautious, and investors need to closely monitor macroeconomic policies and market dynamics, remain vigilant, and make investment decisions prudently.