The crypto market has declined to 3.8 trillion USD, losing 200 billion USD this week as both Bitcoin (BTC) and Ethereum (ETH) fell below critical resistance levels.
Despite expectations, the altcoin index dropped from 56 to 51, confirming that a full altseason has not occurred yet as capital primarily rotated back to blue-chip cryptocurrencies.
Bitcoin commands a market cap of 2.27 trillion USD with a dominance of 59%, reinforcing its position as the primary asset in the crypto space, while Ethereum’s ascent remains limited.
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