The crypto market remains under pressure, with Bitcoin down 4.4% to $97,474 and Ethereum falling 9.3% to $3,144, both hit by persistent ETF outflows and weak risk sentiment. Most major altcoins, including Solana (-8.7%),
XRP (-8.6%), Kaspa (-7.7%), and Ethena (-9.9%), posted sharp declines, while Quant bucked the trend, rising 4.4% on renewed institutional interest. The overall downturn is driven by institutional selling and macro uncertainty.