The cryptocurrency market experiences its largest decline in a month

The cryptocurrency market today faced its largest sell-off in nearly a month. Bitcoin fell by more than 5%, Ethereum dropped by about 8%, and Solana and XRP also saw declines. The total market capitalization decreased by 7.6% to $3.6 trillion, with $507 million in liquidations affecting as many as 163,000 traders. Analysts attributed the sell-off to factors such as economic uncertainty, profit-taking, and concerns over potential regulatory changes. Some traders expect market volatility to continue, especially ahead of the upcoming Federal Reserve meeting minutes.