The crypto market is currently volatile, with slight downward movements in the leading cryptocurrencies. Bitcoin ($BTC (-0.71%) ) is currently trading at USD 104,880, down 2.26% on the previous day.
Ethereum ($ETH (-0.04%) ) is trading at USD 3,320.90, down a minimal 0.43%.
$BNB (-0.25%) remains almost stable at USD 690.28.
$XRP (-0.29%) and $ADA (-0.33%) also show slight losses, while $DOGE (-0.99%) remains almost unchanged at USD 0.373198.
$SOL (-1.3%) and $AVAX (-6.5%) are down 4.68% and 2.53% respectively. Litecoin ($LTC ) and Polkadot ($DOT (-1.17%) ), 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.
