In a complete reversal from yesterday, the crypto market is down today, with 98 of the top 100 coins per market turning red. The cryptocurrency market capitalization has dropped by another 5.5% over the past 24 hours and below $4 trillion, now standing at $3.97 trillion. At the same time, the total crypto trading volume is at $172 billion.
TLDR:
Crypto market cap dropped below $4 trillion;
98 of the top 100 coins are down, as are 9 out of the top 10 coins;
BTC trades at $118,808 and ETH at $3,807;
BTC is expected to be more volatile over the next 90 days;
Chances of ETH hitting $4,500 by 29 August surged to 45%;
XRP is regaining momentum;
US ETH spot ETFs hit the 17th inflow day in a row with $65.14 million;
US BTC spot ETFs recorded…
