Crypto Prices Today: Bitcoin drops below $105,000 amid market consolidation; Altcoins decline up to 6%
The cryptocurrency market witnessed a broad-based decline on Wednesday, with Bitcoin falling below the $105,000 mark amid cautious sentiment driven by macroeconomic factors and profit booking in altcoins.
At 2:22 pm IST, Bitcoin was down 0.8% at $104,696, while Ethereum declined 1.3% to $2,607, according to CoinMarketCap. The global cryptocurrency market cap also dipped 1.19% to $3.29 trillion.
Bitcoin’s market dominance fell to 63.3%, reflecting the broader weakness across major digital assets.
Crypto Tracker
Key altcoins posted sharper losses. XRP fell 2.4%, Solana declined 3%, Dogecoin dropped 3.5%, and Cardano and Sui were each down 3%. Hyperliquid lost 4%, Chainlink dropped 4.2%, and Avalanche was the biggest loser with a 5.7%…
