Bitcoin Dips Below $123,000 as Crypto Market Cap Falls 1.5%

Bitcoin and crypto markets edged lower amid broader weakness, with selective altcoin volatility and steady sentiment influencing trading dynamics.

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Bitcoin Dips Below $123,000 as Crypto Market Cap Falls 1.5%

Bitcoin Dips Below $123,000 as Crypto Market Cap Falls 1.5%
Bitcoin slipped about 1.05% to $122,534 in the past 24 hours, tracking broader market weakness as the total cryptocurrency market capitalization fell 1.55% to $4.19 trillion. Altcoins mostly followed the downward trend, though PancakeSwap surged ~15% on increased trading activity, while DoubleZero dropped ~16% amid profit-taking and token release pressure. Market sentiment remained neutral, with the Crypto Fear & Greed Index holding at 55, reflecting cautious optimism as volatility continues across major digital assets.