Despite a 3.3% drop in market capitalization, most top cryptocurrencies show gains, with BTC and ETH remaining stable as institutional interest grows.
The cryptocurrency market capitalization fell by 3.3% but remains at $4 trillion, with most of the top 100 coins increasing in value. Bitcoin (BTC) trades at $118,487, while Ethereum (ETH) is at $3,695. PNC Bank plans to adopt Coinbase's Crypto-as-a-Service platform, reflecting traditional finance's growing interest in crypto. The U.S. BTC spot ETFs experienced outflows for the second consecutive day, while ETH spot ETFs celebrated a year of positive inflows. Analysts predict Bitcoin's price could fluctuate between $70,000 and $160,000 in 2025, indicating structural changes in market volatility.