Bitcoin's price increased by 1.44% to $83,808.30, while Ethereum fell 1.44% to $2,692.60. The overall cryptocurrency market cap rose slightly by 0.28% to $2.909 trillion, despite a 25.34% drop in 24-hour trading volume to $149.46 billion. Gold experienced a significant decline, dropping 5.57% to $4,890.29. The market is experiencing a technical correction, with Bitcoin's dominance increasing to 57.4% as Ethereum remains weaker. Liquidations continue to affect long positions, totaling $432.93 million, indicating ongoing uncertainty among bulls. Meanwhile, ETF outflows maintain pressure, with Bitcoin ETFs seeing a $509.70 million decrease. In project updates, Arbitrum's mainnet upgrade promises lower fees and higher throughput, while Chiliz's 2030 Vision Reveal could increase volatility. Optimism's infrastructure update and ZIGChain's token lock extension are also noteworthy developments.