The cryptocurrency market cap has decreased by 0.37% over the last day, settling at $3.98 trillion, according to CoinMarketCap data. Bitcoin (BTC) has traded between $114,560 and $115,781 in the past 24 hours, currently trading at $114,833 down 0.67%. While many cryptocurrencies have experienced mixed performance, notable outperformers include BIO, RAD, and HAEDAL, all seeing gains of 25%, 17%, and 12% respectively. Today’s market highlights include analysts predicting the U.S. labor market decline could influence Federal Reserve policy adjustments, institutional investors facing challenges in the crypto market, and growing global shifts in cryptocurrency taxation to boost government revenue. Ethereum has hit a new all-time high above $4,870 on bullish momentum fueled by the Fed’s dovish stance and increasing ETF adoption. Meanwhile, Bitcoin’s network has seen its lowest transaction fees since 2011, while on-chain liquidity for Bitcoin is showing signs of recovery. Analysts suggest Bitcoin may find support at around $112k as short-term holder cost becomes a key level to watch. Ethereum’s Proof-of-Stake (PoS) network has been facing increased exit queue delays and withdrawal issues, while Fosun Wealth Holdings joins DBS Bank in distributing tokenized notes. .