The crypto market continued its downward trend today. While Bitcoin fell below the $95,000 level, major altcoins also moved downwards. Some tokens, such as THORChain (RUNE) and Injective (INJ), are down 11% from their daily highs.
Market General Situation
The global crypto market lost approximately 2% in value today, dropping the total market value to $3.33 trillion. However, transaction volume increased by 4% in the last 24 hours, reaching $168 billion. This shows that investors are still active in the market.
Status of Major Cryptocurrencies
Bitcoin (BTC) $95,447.5 It is trading at $94,390, down 3% in the last 24 hours. Ethereum (ETH) 
$3,348.7 It is at $3,325, losing 1.5% in value. Solana (SOL) also fell 2% to $195.45. These declines reflect the negative sentiment in the overall market.
Cryptocurrencies that lost the most value
THORChain (RUNE) and Injective (INJ) were among the worst performing cryptocurrencies in the market. RUNE dropped 11% to $3.94, while INJ dropped by the same amount to $21.60. These declines increased the selling pressure of investors.
XRP, on the other hand, was among the best-performing cryptocurrencies and traded at $2,351, up 0.40%. Ripple 
$2.3‘s RLUSD stablecoin was listed on the Bitstamp exchange, providing an additional use case for the XRP ecosystem.
Alongside the overall decline in the crypto market, there have also been significant outflows in bitcoin ETFs. According to SoSo Value data, there was an outflow of $458 million in BTC ETFs. It was stated that Fidelity is the largest selling institution.
In addition to the negative trends in the market, some cryptocurrencies were able to rise. XDC Network attracted attention with an increase of 7% and Monero by 4%. These increases show that there are always opportunities in the market.
In the end, fluctuations in the crypto market create a situation that investors should follow carefully. Despite the general downward trend of the market, it is observed that some cryptocurrencies are recovering. It may be useful for investors to follow such developments closely.
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.
