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So, Bitcoin’s gone and dragged the total crypto market cap down by nearly 10%. Oops! It’s now hanging around $3.1 trillion. Yikes! But don’t go crying just yet-global trading volume is up near $300 billion, though the market mood? Let’s just say it’s somewhere between “meh” and “oh no, not again”-we’re talking about extreme fear. As for the day’s big losers? Starknet, Zcash, and Decred. But hey, there’s a silver lining! The Internet Computer is on fire, surging more than 14.5%, followed closely by HYPE, ASTER, and XMR. These guys are having a good day while Bitcoin throws a tantrum! 🤷‍♂️

Balanced liquidations and some enthusiastic buyers set the stage for a potential breakout if DOGE can leap over that pesky $0.188 resistance.

The primary culprit, it seems, is the appalling state of market liquidity post-October 10. That little sell-off? Oh, it was a doozy, liquidating $20 billion in a blink. Altcoins, those poor dears, took a beating, with losses of 70% to 80%. Liquidity has been as scarce as a sense of humor at a tax audit, leaving prices to wobble like a tipsy debutante. Even the slightest sell-off now sends values plummeting faster than a forgotten celebrity’s career. 💸

Per QCP Capital, the next bit of support on the charts might be around $92k and $80k, but don’t get your bowler hat in a twist-these are just the lines the fellas are watching while sipping tea.

a Web3-connected wallet to be integrated within the Grab app, and a stablecoin-based payment network designed to support compliant clearing and settlement across participating markets. Because nothing says “convenience” like a wallet that’s more confusing than a spreadsheet. 📊

According to the ever-earnest Fortune-the oracle of wealth’s whispers-this new treasure trove mimics a classic piggy bank, but with the cunning twist of offering yields that would make traditional banks blush. A minimum of 5% interest, funded through the mundane portals of bank accounts or debit cards, all while luxuriating in a stablecoin-infused utopia brought to you by the venerable Aave protocol. Ah, the sweet symphony of decentralized finance! 🎶

A shift in sentiment? Perhaps. But let us not forget, the crypto sector is a fickle lover, prone to fits of rage and despair. 😭

As of today, Bitcoin has fallen to around $91,238, down more than 13% this week, while Ethereum slipped to $3,012 and XRP dropped to $2.13, losing over 15% in seven days. Several popular altcoins also remain in deep red territory. Analysts say this downturn is not driven by weak fundamentals, but by a combination of structural, psychological, and mechanical factors. 🤯💸

Glassnode, that oracle of on-chain despair, declared Monday that XRP’s “supply in profit” has sunk to November 2024 levels-when the coin traded at $0.53, a price so laughable it makes a beggar blush. And yet, here we are: trading 4× higher at $2.15, but still drowning in losses. Late buyers, you fools, thought you were dining at the last supper. 🤡

Macro swing-trader “The Great Mattsby” (@matthughes13), a man who sees patterns where others see chaos, insists that Bitcoin is merely retracing its steps, like a drunkard on a familiar path. “Back in 2024,” he reminds us, “BTC consolidated for 7 months in the $70k-$50k zone before breaking out.” Ah, the sweet nostalgia of past glories! 🥂