The global cryptocurrency market continues to experience fluctuations. In the past 24 hours, many major cryptocurrencies have lost value. While leading assets like Bitcoin 
$96,408 and Ethereum 
$2,683 are trending downward, some altcoins have recorded gains. The overall market outlook remains uncertain, prompting cautious actions from traders.
Current Status of the Cryptocurrency Market
The total value of the cryptocurrency market has fallen by 1.41% in the last 24 hours, dropping to approximately $3.19 trillion. However, trading volume has increased by 1.81%, reaching $60.87 billion. Global economic developments and investor sentiment are among the key factors influencing market movements.
In the last 24 hours, Bitcoin has decreased by about 1%, trading around $96,000. Ethereum has also lost more than 1%, falling to $2,664. XRP dropped by 3%, while Solana 
$184 experienced a 5% loss. These price movements highlight the market’s volatile nature.
Notable Price Movements in Altcoins
While major cryptocurrencies are declining, some altcoins have gained value. Sonic has risen by 4%, attracting attention. PancakeSwap and The Graph have recorded increases of 3% each, indicating a shift in investor interest towards specific altcoins.
Conversely, many altcoins have experienced sharp declines. Jupiter fell by 10%, Litecoin by 8%, and Raydium by 7%. Dogecoin 
$0.263347 lost 2%, with Shiba Inu and TRUMP coin following a similar trend. These varying market directions complicate investors’ strategies.
The general outlook for the cryptocurrency market remains unclear. The increase in trading volume indicates that the market is still active. However, investors continue to exercise caution in response to volatile price movements, suggesting that short-term fluctuations may persist.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
