The cryptocurrency market experienced a decline, with a total capitalization decreasing by -1.58%, standing at $3.31T. The trading volume also reduced by -1.58%, reaching $250.20B.

Bitcoin, with a current price of $93,570, suffered a loss of -1.64% in the last 24 hours. Despite this drop, it remains the market leader with a 56.02% dominance.

Despite the bears' dominance, Ethereum showed a slight increase of 0.49%, highlighting its resilience in a volatile market.

Blockchain regulation remains a crucial topic in this uncertain environment.