Crypto Market Update:
The cryptocurrency market experienced a notable downturn today, with the total market capitalization dropping by 5% to $3.81 trillion. Bitcoin (BTC), the leading cryptocurrency, fell nearly 2% over the past 24 hours, trading just below $117,000 after briefly hitting $123,100 yesterday.
This pullback follows a record-breaking daily close, as reported by Cointelegraph, highlighting Bitcoin's volatile nature despite its high.
