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The expansive cryptocurrency market is experiencing significant fluctuations once again. Bitcoin (BTC) 
$92,709 retraced its recent gains, falling to $102,000 on Thursday, while other leading cryptocurrencies generally exhibited a weak trend. Additionally, well-known meme coins such as Dogecoin 
$0.172959 (DOGE), Shiba Inu (SHIB), Pepe Coin (PEPE), and Official Trump (TRUMP) registered a decline in daily trading volume.
General Market Decline
The global cryptocurrency market cap has decreased by approximately 3% from yesterday’s levels, reaching $4.54 trillion. Investors are exercising caution in light of recent fluctuations, leading to a 28.65% drop in global market trading volume. Leading cryptocurrencies such as Bitcoin, Ethereum 
$1,766, XRP, and Solana 
$148 experienced declines ranging from 1% to 3%.
Meme Coins Experience Struggles
Meme coins have mirrored the broader market trend in their performance. Dogecoin saw a nearly 6% drop, falling to $0.3518, while Shiba Inu fell by 3% to $0.00002012. Additionally, the TRUMP token decreased by approximately 9%, reaching $37.40.
Comments on Cryptocurrency
“A strategic Bitcoin reserve is coming,” commented crypto analyst Ash Crypto, maintaining optimism towards the market.
Market analysts believe that Eric Trump’s positive statements regarding cryptocurrency and technology could serve as a driving force for future price movements.
According to Santiment data, the accumulation of 1,000 BTC during market fluctuations could signal potential profits ahead. Coinbase CEO Brian Armstrong’s goal of providing “tier 1 support” to the Solana network also boosts positive expectations regarding the market.
Despite the increased market volatility and declines in cryptocurrency prices, long-term outlooks remain positive. Investors continue to pursue strategic investments despite ongoing market fluctuations.
