#MtGox #BTC☀ #etherreum #binance

The cryptocurrency market's net capitalization dropped by approximately 3% to reach $2.465 trillion on May 28, 2024.

Leading these losses are top coins, Bitcoin (BTC) and Ether (ETH), which have dropped by circa 3% and 2.30%, respectively.

Mt. Gox's $9 billion BTC transfer raises dump fears.

The crypto market's decline today comes after a period of slowing inflows into the U.S.-based spot Bitcoin exchange-traded products (ETF).

From a technical perspective, the crypto market's decline today is part of a prevailing consolidation pattern.

( not a Financial advice. always DYOR )