The week commenced on an optimistic note for the cryptocurrency market, but the mood soon shifted as the market experienced a downturn. Today’s trading saw a **2.5% decline**, bringing the valuation down to **\$60,000**. Throughout the day, there were multiple instances where the price dipped below the \$60,000 mark. These downward trends often incite fear and may lead to increased selling activity. However, the actions of certain investors suggest they are strategically positioning themselves in anticipation of a possible market upswing. Despite these efforts, the day’s downward trend resulted in a staggering **\$100 billion** evaporating from the market value within the last 24 hours.
