The cryptocurrency market was shaken by an unexpected decline today. Bitcoin (BTC) $102,673.0falling from its all-time high of $103,000 to $92,000, a loss of 11%. Ethereum (ETH) 
$3,913.0 Popular altcoins such as and XRP also followed this decline. Despite this, Solana (SOL) attracted attention with a 6% increase. JasmyCoin (JASMY) became the prominent name of the day with its value gain reaching 36%.
Decline in Bitcoin, Limited Increase in Ethereum
Bitcoin price fell 4% in the last 24 hours to $97,541. This loss caused the market’s total value to fall slightly to $3.57 trillion. This fluctuation is explained by the impact of global economic uncertainties and changes in corporate activities. SoSo Value reported $3.85 million in outflows in BTC ETFs. In contrast, financial giants like Fidelity bought $47 million worth of Bitcoin.
Ethereum (ETH), unlike Bitcoin, traded up 1% at $3,859. XRP fell 2% to $2.30. In the altcoin market, Solana (SOL) became one of the winners of the day, reaching $ 241 with an increase of 6%. Some meme coins also attracted attention with slight increases.
These price movements reveal the impact of corporate investments on the market. While Peter Schiff argued that Bitcoin could harm the US dollar, Fed Chairman Jerome Powell’s cautious comments increased the market’s sensitivity.
JasmyCoin and Solana Are Having a Day Full of Opportunities
In the last 24 hours, JasmyCoin (JASMY) has increased by an impressive 36%. This performance attracted investors’ attention to this asset. Solana (SOL) similarly showed a positive picture in the market with a 6% increase. Among other risers, Worldcoin (WLD) gained 21% and dYdX (DYDX) gained 17%.
The total transaction volume of the market increased by 22% in the last 24 hours, indicating investor activity. The Fear and Greed Index remained at 81, representing investors’ confidence. This table reveals that there is a generally positive investment sentiment even in the face of the fluctuating course of the market.
Sharp declines in the cryptocurrency market and increases in certain coins require careful analysis. While the decline in Bitcoin creates a young recovery period in the market, prominent coins such as JasmyCoin offer high-yield investment opportunities. However, due to market volatility, investors must pay attention to risk management.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
