Bitcoin and Altcoins Drop Amidst Investor Profit-Taking

The cryptocurrency market experienced another downturn on Thursday as Bitcoin (BTC) and other altcoins struggled to sustain recent gains. The overall market cap fell by 1%, dropping to $3.27 trillion, with notable dips observed in Fartcoin (FARTCOIN), Dogwifhat (WIF), Jupiter (JUP), and Ethena (ENA). Analysts attribute the current pullback to typical investor behaviors during bull markets: profit-taking as some investors lock in their gains. ]