Today, cryptocurrency markets took a negative turn. Bitcoin fell below $95,000, causing concern among investors. Major altcoins also showed a similar trend, generally falling. Tokens such as THORChain (RUNE) and Injective (INJ), in particular, lost 11% of their daily highs.
The global crypto market fell by about 2%, bringing the total market value down to $3.33 trillion. However, trading volume increased by 4% in the last 24 hours, reaching $168 billion. This increase shows that the market is still active and investors are active.
Bitcoin (BTC) fell by 3% in the last 24 hours to $94,390, while Ethereum (ETH) fell by 1.5% to $3,325. Solana (SOL) fell by 2% to $195.45. These declines are considered to be a reflection of the negative atmosphere in the general market conditions.
THORChain (RUNE) and Injective (INJ), which are among the cryptocurrencies that lost the most value, fell by 11% to $3.94 and $21.60, respectively. This shows that the selling pressure from investors has increased and the uncertainty in the market has affected.
On the other hand, XRP showed a positive performance, rising by 0.40% to $2,351. Ripple’s RLUSD stablecoin was listed on the Bitstamp exchange, bringing a new use case to the XRP ecosystem.
Among the developments in the crypto market, there were also remarkable movements in Bitcoin ETFs. According to SoSo Value data, there was an outflow of $458 million from BTC ETFs, and Fidelity was the institution that made the biggest sale in this area. However, some cryptocurrencies rose, proving once again that the market offers opportunities at all times.