The crypto market is seeing renewed volatility, with Bitcoin trading at around $70,722 after falling 4.23% in just 16 hours. Ethereum is hovering near $1,994, while $XRP is trading around $1.28 after recent declines. Despite the short-term weakness, Bitcoin remains up 7.7% over the past week, Ethereum has gained 4.6%, and $XRP is up nearly 4.8%. The total crypto market remains valued at roughly $2.42 trillion, showing that investors are staying cautious even as some analysts continue to see strong long-term opportunities across the sector.

Fundstrat’s Tom Lee says the long-term case for Bitcoin and Ethereum remains as strong as ever. Speaking on CNBC, Lee argued that the current pullback looks more like investors “rage quitting”…