The crypto market remained on edge on Thursday as some investors booked profits following the recent double-digit gains.

Bitcoin (BTC) price was trading at $102,700, while Ethereum (ETH) fell from this week’s high of $2,700 to $2,500. Other top altcoins like Ripple (XRP), Solana (SOL), and Shiba Inu (SHIB) fell by over 4%.

How falling crude oil prices may boost the crypto market

A potential catalyst for Bitcoin and other altcoins is the ongoing crash in crude oil prices. Brent, the international benchmark, fell for the second consecutive day, reaching a low of $63. Similarly, West Texas Intermediate declined to $60.20, its lowest level since…