Cryptocurrency Market Sees Significant Declines

The cryptocurrency market has been experiencing intense selling pressure, leading to a decline in the prices of major cryptocurrencies.

Bitcoin lost its support level at $78, causing it to drop to $74.200, its lowest price in over a month.

This downturn was accompanied by losses in other major altcoins, including Ethereum, Solana, and XRP.

The total value of the cryptocurrency market has decreased by around $100 billion since Thursday, with its combined market capitalization falling to approximately $2.57 trillion.