The crypto market took a slight downturn today, with Bitcoin slipping 1.73% to trade at $102,483.63. The overall market capitalization fell by 0.71%, now standing at $3.52 trillion. However, trading activity remained strong as 24-hour volume spiked by 22.11% to $123.35 billion. Investors appear to be treading cautiously, reflected in the Fear & Greed Index dropping from Greed to a Neutral score of 54.

Bitcoin’s market cap declined by 1.78%, settling at $2.03 trillion, yet it continues to dominate at 57.6%. Interestingly, despite the dip, BTC’s 24-hour trading volume jumped 17.58% to $44.32 billion, indicating active participation from traders. This suggests that while some investors are cashing out, others see this as an opportunity to buy.

Ethereum moved against the trend, posting a 1.77% gain to reach $3,298.15. Meanwhile, Solana and XRP weren’t as fortunate, with SOL dropping 1.81% and XRP sliding 1.06%. Altcoins remain in a state of flux as Bitcoin’s price action influences market sentiment.

Qtum emerged as the biggest gainer, skyrocketing by 40% to $3.98, showing strong momentum. Other top gainers include PENGU, up 13% to $0.01639, and LDO, which climbed 12% to $2.30. On the losing side, Fartcoin led the declines with a 14% drop to $0.8936, followed by MELANIA, which fell 10% to $1.84, and SPX6900, slipping 8% to $1.17.

With volatility gripping the market, investors are keenly watching for Bitcoin’s next move. Will it recover, or is more downside expected? The coming days will determine the trajectory of crypto prices as traders weigh risk and opportunity.