The global cryptocurrency market cap has decreased by 7.25% in the last 24 hours, with a total cap of $2.64 trillion. Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) have all experienced decreases in price. Bitcoin is in a sharp decline and is considered oversold, but a potential rebound could occur if buying pressure increases. Ethereum has been consistently moving downward and is in a strong downtrend. Ripple is also in a downtrend and could see further decline unless buyers step in. On the other hand, Cardano (ADA) and Solana (SOL) have seen price increases. Cardano is testing the lower Bollinger Band and has a low MFI, suggesting a potential short-term bounce. Solana has been in a prolonged decline and weak buying pressure could lead to further downside.



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