The cryptocurrency market has fallen below the $3 trillion mark for the third time this month, driven by declines in major coins. Bitcoin dropped 1.5% to $86,580, while Ether fell to $2,930. XRP hovered around $1.90. The downturn is attributed to large-cap coins with significant ETF exposure, indicating changing institutional investment patterns.
Market sentiment has worsened, with the fear and greed index reaching 11, its lowest point in a month. Key support levels for Bitcoin are identified near $81,000 and within the $60,000–$70,000 range. The approach of year-end is contributing to thin liquidity, exacerbating market volatility.
Crypto Market Dips Below $3 Trillion as Bitcoin, Ether, XRP Decline
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