Ethereum and Altcoins Take Hit as Crypto Market Shows Caution

The cryptocurrency market is showing mixed signals today, with Bitcoin holding strong around $103,000 while many altcoins are experiencing a downturn. Ethereum, the largest altcoin, has dropped 5% over the past 24 hours, likely due to profit-taking after recent gains and uncertainty surrounding macroeconomic factors like impending Federal Reserve policy changes. The broader market trend is caution as institutional interest in alternative crypto assets persists.