Bitcoin started the new year by retreating from $96,000. 📉 BTC has entered a downtrend since reaching a peak of $108,300 in December and is currently trading around $93,000. Its market cap has fallen below $1.850 trillion.

Altcoins are experiencing a similar fate. Ethereum has fallen below $3,400, while SOL has fallen to $190 and ADA to $0.85. However, XRP and some other altcoins are showing slight increases. 🌟 The total crypto market cap has fallen to $3.4 trillion.