The cryptocurrency market has remained stagnant over the past 24 hours, maintaining a total market cap of $2.96 trillion, similar to levels seen in December. Analysts caution that the recent rally may have lost momentum, with potential for a downturn reminiscent of early October. A decline below $2.75 trillion could trigger a further drop to $1.8 trillion.
Bitcoin experienced a brief surge to $88,000 on Tuesday but has since fallen below $87,000. Since July, long-term holders have sold over 500,000 BTC. Predictions vary, with some forecasting an 80% drop in Bitcoin to $25,240, while others anticipate a new high in 2026. Meanwhile, SBI Holdings and Startale Group are planning to launch a yen-pegged stablecoin in early 2026.
Crypto Market Stagnates, Analysts Warn of Potential 40% Decline
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