Crypto Market Slips 1.4% on Weekend, Bitcoin Falls Below $118K

The crypto market is experiencing a slight downturn today, with major tokens trading in a mostly range-bound manner over the last few hours. While overall value has fallen by about 1.4%, this drop comes despite continued investor optimism. Bitcoin’s dominance took a hit as it dipped below the $118,000 threshold, marking a significant departure from earlier highs throughout the week. This decrease is attributed to a notable decline in trading volume, down 28% compared to yesterday. Trading activity currently sits at $75.79 billion with a market capitalization of $2.34 trillion.