👉Crypto Market Outlook

During the Wednesday trading session in Asia, the crypto market experienced a slight dip, with its total value decreasing by 1.4% to $2.42 trillion.

At the time of writing, Bitcoin had also fallen by approximately 1.4% to $62,629, maintaining a sideways trend.

Meanwhile, Ethereum saw further weakening, edging just above the crucial support level of $3,000.

The majority of altcoins were in negative territory, with Solana (SOL), Dogecoin (DOGE), and Avalanche (AVAX) experiencing larger losses.

#Altacoins #CryptoWatchMay2024 $ETH $BTC $SOL