Crypto prices went down! The total value of all cryptocurrencies dropped by about 3% in one day, to $3.24 trillion. This is like a big sale, but not a good one for crypto owners. Many smaller cryptocurrencies (called altcoins) lost even more.
- Altcoins, which are smaller cryptocurrencies, have been losing value.
- Some experts think altcoin prices might go up soon, based on past trends.
- Bitcoin's dominance (how much of the crypto market it controls) is high, which sometimes happens before other cryptos rise.
- Many meme coins (cryptocurrencies based on jokes or internet trends) have lost lots of value after scams.
- Solana, a cryptocurrency network popular for meme coins, has been hit hard.
| Fact | Number |
|---|---|
| Total crypto market value | $3.24 trillion |
| Daily drop | 3% |
| Solana's drop in a month | 45% |
| Bitcoin's dominance | 61.3% |
