The cryptocurrency market cap stands at $2.17 trillion, down 0.79% in the last 24 hours, while trading volumes rose by 32.09% to $78.72 billion. Investor sentiment remains neutral with the Fear & Greed Index at 41. In the broader market, Chinese stocks like Alibaba, Bilibili, and Baidu declined sharply due to uncertainty, impacting crypto trends.

Bitcoin's price dipped 0.30% to $62,493.43 despite a surge in trading volumes. Market interest has risen with the SEC's approval of BlackRock’s spot Bitcoin ETF. A significant whale transfer of 4,000 BTC worth $255 million has also driven speculation in the market.

Altcoins faced similar trends with Ethereum down 0.33% to $2,432.02 and Solana falling 1.23% to $144.20. Sui hit a six-month high at $2.14, driven by a surge in open interest to $564 million. Top gainers included Neiro, Aptos, and Fantom, while Monero, Kaspa, and Maker were among the top losers.