Crypto Market Snapshot:

The crypto market took a hit today, dropping 5% to a total market cap of $3.81 trillion. Bitcoin (BTC) fell nearly 2% to just under $117,000, retreating from a recent peak of $123,100. Ethereum (ETH) slid 6% below $3,000, with most top 100 coins following the downward trend. Geopolitical tensions and U.S. policy uncertainties are fueling the volatility.

Despite the dip, institutional interest persists, with BlackRock’s Bitcoin ETF holding $80 billion and Ethereum ETF inflows growing. Cardano (ADA) shows breakout potential, while XRP hovers near $2.19 amid regulatory optimism. Long-term sentiment remains bullish, driven by corporate adoption and stablecoin growth, but investors should stay cautious of short-term risks.

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