Cardano (ADA) and Dogecoin (DOGE) experienced a 4% decline in the past 24 hours, leading the losses among major cryptocurrencies. Bitcoin (BTC) traded just over $97,300, down 1.7%. The CoinDesk 20 (CD20) index, which tracks the largest tokens by market cap, fell by 2.3%. Bitcoin failed to break the $99K resistance, triggering a market selloff and dropping to a new daily low of $95.6K. Ether (ETH) decreased by 2%, while XRP saw a slight decline of 1.1%. Solana’s SOL, however, rose by 0.2%, with investment firm VanEck predicting it could reach $520 by the end of 2025. The crypto market remains volatile as traders await the U.S. Non-Farm Payrolls report, which could influence market sentiment and Bitcoin’s price through shifts in risk sentiment, liquidity, and the dollar’s value.
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