Crypto market cap took a 3.9% nosedive, hitting a 5-week low at $2.34 trillion. All top-10 coins felt the burn, with Bitcoin, Ether, and BNB down by 4.2%, 4%, and 4.2% respectively. đ Some blame a hefty Bitcoin sale by the German government, but others point to unfavorable macroeconomic data. However, MicroStrategyâs purchase of 11,931 BTC for $786 million has somewhat cushioned the blow. As the U.S. stock market faces a "triple witching" and global macroeconomic conditions worsen, investors are shifting towards the U.S. dollar. Despite the uncertainty, Bitcoin's 52% YTD gains in 2024 remain a silver lining.