Crypto Market Stumble: Volatility Engulfs Digital Assets

The cryptocurrency market has experienced significant volatility in recent 24 hours, with values plummeting across the board. After a brief upward movement during trading, investor profit-taking and uncertainties surrounding the upcoming U.S. Consumer Price Index (CPI) report have driven this downturn. Fartcoin, among altcoins, saw the most dramatic drop of 19%, followed by notable price reductions in other tokens. The total market capitalization fell by $18 billion to around $3.91 trillion in the last day, highlighting the market’s susceptibility to rapid fluctuations.