The crypto market is mixed today. Total market cap dropped ~1.5%, suggesting mild panic among traders . Bitcoin is grinding higher, up around 1.3%, trading near $109.4K—its intraday range stretching from ~$107.8K to $109.6K . Ethereum is outperforming slightly, gaining ~2.4%, hovering around $2,570–$2,600 .
Pressure from a recent ~$3.6 billion options expiry—mostly $BTC and $ETH —has weighed on sentiment, driving short-term volatility . Meanwhile two 14‑year‑old Bitcoin wallets moved over $2 billion in coins, alarming traders about potential sell-offs . DeFi tokens and meme assets remain volatile—some are rallying even as the broader market dips . Institutional momentum continues, with ETF inflows buoying sentiment despite today’s downturn
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