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Crypto Market Decline Deepens as Bitcoin Falls Near $77,000

Crypto Market Decline Deepens as Bitcoin Falls Near $77,000

Crypto traders woke up to another red morning as the broader crypto market decline deepened, dragging Bitcoin back below $77,000 and wiping out gains that had briefly lifted the sector days earlier. The pullback wasn’t isolated to one token. Nearly every major digital asset slipped in tandem, a pattern that points to something bigger than a routine dip: a wave of risk aversion spilling over from oil markets, bond yields, and shifting expectations about the Federal Reserve’s next move.

Key takeaways

  • Bitcoin fell from $78,500 to roughly $77,000 within 24 hours, part of a broader crypto market decline.
  • Total crypto market capitalization dropped 1.55% to $2.62 trillion, even as trading volume rose 3.1% to about $84.3 billion.
  • XRP,…

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