The crypto market is in the red for today, with the value of #bitcoin below $108,000 and the overall market capitalization falling to $3.82 trillion. The majority of sectors are experiencing losses ranging from 2% to 6%, with GameFi suffering an especially hard hit with a 5.93% drop.
The latest crash in Four (FORM) by more than 21% following whale sell-offs has contributed to the negative sentiment. #Ethereumโ went below $4,400, and top altcoins such as Solana and Cardano lost more than 3%. Meme coins and DeFi tokens also dropped, although some outliers such as POL, BUILDon, and MemeCore resisted the trend with significant increases.
The NFT, AI, and RWA sector indices all saw losses of more than 3%, which indicate the overall market decline. The bears appear to have taken over today, and investors are eagerly waiting to see what the market does next.
