The crypto market is currently volatile, with slight downward movements in the leading cryptocurrencies. Bitcoin ($BTC (-5.53%) ) is currently trading at USD 104,880, down 2.26% on the previous day.
Ethereum ($ETH (-7.13%) ) is trading at USD 3,320.90, down a minimal 0.43%.
$BNB (-3.65%) remains almost stable at USD 690.28.
$XRP (-9.85%) and $ADA (-9.8%) also show slight losses, while $DOGE (-9.51%) remains almost unchanged at USD 0.373198.
$SOL (-10.71%) and $AVAX (-3.53%) are down 4.68% and 2.53% respectively. Litecoin ($LTC ) and Polkadot ($DOT (-11.87%) ), on the other hand, show minimal changes.
Despite these short-term fluctuations, the long-term trend remains positive. Experts such as Matt Hougan from Bitwise Asset Management emphasize that fundamental factors such as institutional acceptance and technological innovations are supporting the multi-year bull market.
One should keep an eye on the volatility of the market and adjust investment decisions accordingly.