In the last five days, the cryptocurrency market has experienced a downward trend. The total market capitalization has decreased and trading volume has also dropped in the last 24 hours.
Despite this overall decline, some cryptocurrencies have shown mixed performance:
* Bitcoin (BTC): It has seen a decline in the last week, although it has remained relatively stable in the last 24 hours. Analysts point out that the support of $110,000 is key.
* Ethereum (ETH): Like Bitcoin, it has seen a reduction in its daily trading volume.
* XRP: It has shown significant volatility with a drop of more than 8% over the week, although some analyses consider it a "smart buy."
* Dogecoin (DOGE): It has experienced considerable price changes, with a recent increase in the last 24 hours after a drop in previous days.
Additionally, interest in "memecoins" and more experimental projects in the sector has been increasing, with some tokens like Pump.fun, Zora, and Penguins leading the trends of the week. On the other hand, the adoption of cryptocurrencies continues to grow, with companies like Coinbase and JPMorgan joining forces and the integration of tokens into traditional platforms.
