Crypto Market Dip Explained: Why It’s Down Today and What’s Next

If you’re checking your portfolio and seeing red numbers, you’re not alone. Many traders are asking . The total crypto market cap has dropped by $8.8 billion in the last 24 hours, now sitting near $3.19 trillion. Bitcoin holds around $95,000, while altcoins like Dash have fallen hard. But is this a short-term pullback or something worse? Let’s break it down step by step.

Current Market Snapshot: A Calm but Bearish Weekend

The crypto market stayed quiet over the weekend. No big news or wild swings, just steady selling. The total market cap (TOTAL) is testing the $3.18 trillion support level. This zone is key. If it holds, we might see a bounce. But a break below could mean more pain, pushing toward $3.14 trillion.

Trading volume is…

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