Bitcoin Holds Line, Ethereum Struggles at $4K
The global crypto market has come under renewed selling pressure, shedding about $60 billion in the past day to settle around $3.75 trillion.
The drop highlights growing investor caution as broader economic uncertainties weigh on sentiment.
If the decline continues, total market capitalization could slide toward $3.67 trillion or even $3.58 trillion, particularly if outflows from volatile altcoins intensify. Still, a shift in confidence could spark a rebound, with potential recovery targets near $3.81 trillion and $3.89 trillion.
Bitcoin remains relatively steady around $111,000, staying above the psychologically important $110,000 level – a zone that has repeatedly attracted buying interest in previous downturns.