Bitcoin (BTC) Market Turned Red, by Lucas Outmezguine

The crypto market turned red over the weekend. Barely any coins in the top 100 category are up today. The cryptocurrency market capitalization decreased by 3.3%

The crypto market saw some red over the weekend, with barely any coins in the top 100 category managing to gain value. In the 24 hours to 7:08 (GMT+3), the cryptocurrency market capitalization decreased by 3.3%, now standing at $3.36 trillion. The total crypto trading volume is at $141 billion at the time of writing.

Not a single coin among the top 10 coins per market cap has seen its price increase today. Ethereum (ETH) recorded the highest loss. It’s down 4.8% to the price of $2,386.

The smallest decrease is recorded by Bitcoin (BTC), having dropped 0.9%, now trading at $103,011. This is a significant pullback from the briefly held daily high of $106,518. Notably, this was also its high for the past week.

Only four of the top 100 coins saw their prices rise in this same time frame. Virtuals Protocol (VIRTUAL) is the day’s best performer, with an increase of 4.5%, now changing hands at $1.82.

On the other hand, Bittensor (TAO) fell the most in this category: 7.1% to $399. It’s followed by Ethena (ENA)’s 6.1% to $0.3569.

Meanwhile, Virtuals is a protocol for tokenized AI agents on Coinbase’s Ethereum layer-2 Base, which yesterday announced “more traffic coming [Base’s] way.”

"Better discovery. Deeper analysis. 🧬 is now live on Virtuals Protocol. ✨"Virtuals Protocol is a protocol for tokenized AI agents on Base. It is powered by an immutable layer-2 and offers composability, persistent storage, and native tokenization.

At the same time, it announced that Arbus Token, from the AI market intelligence layer , has gone live on Virtuals.

Overall, the day’s pullback seems to be driven by liquidations, currently standing at over the past 24 hours.

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