Major cryptocurrencies like Bitcoin and Ethereum experienced significant declines over the past 24 hours, signaling a broader market pullback. While Bitcoin dropped by 0.3% to $111,569, Ethereum fell 1.5% to $4,027.77, reflecting investor uncertainty in the volatile crypto market. The decline was driven by a confluence of factors including reduced buying strength and growing concerns about market volatility. Despite this downturn, trading activity remained high for both Bitcoin and Ethereum with trading volumes exceeding $66 billion and $41 billion respectively. Notable altcoins like Solana and Cardano experienced sharp losses, highlighting the broader bearish trend in the market.