The crypto market? Oh, just your typical drama-filled day. Bitcoin and Ethereum are out here doing their best impression of a rollercoaster, while altcoins are falling like that one friend who can’t handle their liquor. Overall, the market dropped more than 4%, because why not add a little uncertainty and macroeconomic pressure to the mix? 💸
Bitcoin dipped as low as $106,900 on top exchanges after briefly flirting with $110K earlier. Seriously, Bitcoin? You’re playing hard to get, and we’re not impressed. This may be the result of some good ol’ profit-taking, mixed with a side of “meh” reactions to CPI data. It’s like the market’s trying to play it cool, but really, it’s just stressed out. 🧘♂️
But hey, silver lining! Bitcoin has managed to hang onto that sweet $100K level for a solid five weeks. It’s like that one friend who insists they’re “fine” when they’re clearly not. Experts say we’re still stuck in a short-term bearish mood, with support at $107,200 and resistance at $110,600. Yeah, sounds like the “we’ll see” phase. 🙄
As of now, Bitcoin is cruising around $107,028, down 2.42% in the past 24 hours. It’s got a trading volume of $52.7 billion. Let that sink in. That’s like if you had enough money to buy all the pizza at your local pizzeria for a whole year. 🍕💰
And it gets better—Ethereum’s having its own little meltdown. After reaching $2,872, ETH decided to fall to $2,710. It’s like playing the floor is lava, but all you’ve got are rocks. 💥 Despite $240 million in ETF inflows, which is cute, Ethereum still faces some shaky investor confidence after $107 million in liquidations. Analysts are cautiously optimistic, though, predicting a potential rebound to $2,800–$2,900 by the weekend. Fingers crossed, right? 🤞
With Bitcoin and Ethereum making waves, the altcoin market is feeling the pressure. XRP, Solana (SOL), Dogecoin (DOGE), and Cardano (ADA) are all showing some serious weakness. The altcoin market took a hit of up to 5%. Guess everyone’s just in the mood for a good cry today. 😢
Trending Crypto Today
Top Gainers and Losers Today
| Gainers | Losers |
| SPX (SPX6900): +9% | CRV (Curve DAO): -9% |
| AB (AB): +2% | RAY (Raydium): -9% |
| FLR (Flare): +1% | ENS (Ethereum Name Service): -7% |
Crypto Market Cap Overview
According to CoinMarketCap, the global crypto market cap is chilling at a cool $3.37 trillion, with a 24-hour trading volume of $131.15 billion. The CoinMarketCap 100 Index, which tracks the top 100 crypto assets, took a hit of 2.51%. It’s like watching your favorite reality show, and the ratings are dropping. 🍿
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2025-06-12 16:23