The broader cryptocurrency market appears to be facing significant volatility again. Bitcoin (BTC) $104,876.5 While its price retraced its recent gains, falling to the $102,000 level on Thursday, other leading cryptocurrencies also followed a generally weakening trend. Also, Dogecoin 
$0.363484 Well-known meme coins such as (DOGE), Shiba Inu (SHIB), Pepe Coin (PEPE) and Official Trump (TRUMP) also showed a decline in daily trading volume.
Marketwide Decline
Global crypto market cap reached $4.54 trillion, down nearly 3% from yesterday’s level. Investors remain cautious in the face of recent fluctuations and global market trading volume decreased by 28.65%. Bitcoin, Ethereum 
$3,292.2Leading cryptocurrencies such as , XRP, and Solana fell between 1-3%.
Boredom in Meme Coins
Meme coins also performed in line with the broad market trend. Dogecoin is down almost 6% on the day to $0.3518, while Shiba Inu is down 3% to $0.00002012. Additionally, the TRUMP token lost nearly 9% in value to $37.40.
Comments on Crypto
“Strategic Bitcoin reserve is coming,” said crypto analyst Ash Crypto, remaining optimistic about the market.
Market analysts are of the opinion that Eric Trump’s positive statements towards crypto and technology could be a driving force for future price movements.
According to Santiment data, the accumulation of 1000 BTC during market fluctuations could be a harbinger of possible gains ahead. Coinbase CEO Brian Armstrong’s goal of providing “tier 1 support” to the Solana network also increases positive expectations for the market.
Despite broad market activity and declines in cryptocurrency prices, long-term prospects appear to remain positive. Investors continue to maintain their strategic investments despite market fluctuations.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
