The cryptocurrency market capitalization fell by 4%, maintaining a precarious position over 3.4 trillion USD. Altcoins such as XRP, Solana, and ADA incurred losses surpassing 2%, whereas Bitcoin and Ethereum exhibited relatively stable performance amidst market fluctuations.
Bitcoin’s current price is 102,500 USD, projected to close above 100,000 USD continuously for the next eight days, supported by positive sentiment from corporate investors despite global economic uncertainties.
While altcoins like SOL and XRP are seeing downturns, Binance Coin (BNB) gained 0.4%, positioning itself as a stable asset. Coinbase’s recent acquisition of Deribit shows its strategic expansion intentions even amid challenges in the altcoin market.
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