Today’s crypto market shows a minor pullback following a recent surge: Bitcoin hovers around $118 k, down about 1.9%, and Ethereum trades near $3,576, off roughly 2.2%. Despite today’s dip, the broader crypto cap recently smashed through $4 trillion, propelled by strong institutional inflows and the U.S. GENIUS Act—a landmark legislation offering stablecoin regulation and crypto clarity fxempire.com+6reuters.com+6investing.com+6.

Altcoins notably outperformed; Ethereum rallied nearly 20% earlier this week, and tokens like Solana and Uniswap posted solid gains nypost.com. Technical indicators point to renewed bullish momentum, with Ethereum showing a “golden cross” pattern—a key signal of sustained upside decrypt.co. Overall, markets remain optimistic, but today's small retrace suggests some traders are locking in profits.