The cryptocurrency market experienced a decline on Tuesday, with its total value dropping to $3.95 trillion after a 0.89% dip over the past 24 hours. Investor confidence has settled into a neutral stance as the Fear & Greed Index now sits at 50. The CMC100 index also reflected this market weakness, declining by 1.18% to close at $244.57. Despite a long-term bullish outlook for digital assets, recent volatility highlights the influence of whale activity on short-term trends. Bitcoin’s price fell below $114,000 after a significant market shift triggered by a single large cryptocurrency holder dumping over 24,000 BTC worth nearly $310 million in one transaction. The movement, traced back to deposits six years ago, caused liquidation events across major exchanges and heavily impacted leveraged traders who saw their Bitcoin positions wiped out. While the long-term outlook for Bitcoin remains positive, this week’s pullback serves as a reminder of the need for strategic portfolio management during market fluctuations. While Bitcoin suffered significant losses, Ethereum and other altcoins held up relatively well. Ethereum is currently hovering above $4,700 despite a mild dip of 0.83%. This resilience can be attributed to growing institutional demand and positive staking inflows. Other altcoins also remained stable with XRP slipping slightly by 0.31% while BNB traded around $877.86. China Renaissance’s investment in BNB for $100 million marks a significant milestone as it marks the first Hong Kong-listed company to adopt the token, further bolstering its stability.