Cryptocurrency market capitalization declines 1.7% to $3.29T, Bitcoin dips to $100.5k before recovering to $102.7k

A strengthening US dollar, driven by renewed tariff-related developments, weighed on crypto prices. This pressure was amplified by Bitcoin's recent rally to near-record levels

The total cryptocurrency market capitalization decreased by 1.7% over the past 24 hours to $3.29 trillion, even as equity markets continued to post gains on Tuesday, according to best crypto exchange.

A strengthening US dollar, driven by renewed tariff-related developments, weighed on crypto prices. This pressure was amplified by Bitcoin’s recent rally to nearly record levels, prompting short-term profit-taking.

However, investor sentiment remained firm, with the Crypto Fear & Greed Index holding steady at 70 for the fourth consecutive day, reflecting ongoing risk appetite in the market.

Bitcoin demonstrated its typical volatility on Tuesday, briefly dipping to $100.5k before recovering to $102.7k, suggesting that the decline was primarily driven by profit booking followed by renewed buying interest.

As the broader market stalls after yesterday’s rally, XRP, Cardano (ADA), and Bitcoin Pepe are beginning to show signs of major upside.

Cardano

Cardano (ADA) fell 4% to $0.785 on Tuesday, marking a pause in its recent bullish trend following a 19% rally last week.

The decline suggests some loss of momentum in the short term, but broader sentiment within the Cardano community remains resilient.

Investor optimism has been buoyed by the long-awaited integration of ADA into the Brave Wallet, a move that enhances Cardano’s real-world utility.

The announcement was followed by comments from Cardano founder Charles Hoskinson, who described the Brave integration as the “first of many” upcoming partnerships.

He added that these deals had originally been planned for 2022 but were delayed due to what he described as a lack of follow-through by an unnamed party: “A certain entity dropped the ball, we got ignored.”

Hoskinson said the remaining deals—linked to the Midnight release—will be rolled out over the coming summer and fall, contributing to growing expectations for continued development across the ecosystem.

Despite the recent price pullback, the improving sentiment around Cardano and its ongoing partnerships suggest investors are looking beyond short-term volatility.

XRP

Following a strong rally on Monday, XRP overtook Tether to become the third-largest cryptocurrency by market capitalization, which briefly crossed $150 billion.

Despite a pullback amid broader market corrections, XRP is still trading 4% higher on the 24-hour chart at $2.47.

Data from Coinglass indicates continued bullish sentiment among traders, with XRP futures open interest rising 14.42% to $5.29 billion and options volume jumping 76%.

Meanwhile, blockchain analytics firm Santiment reported that the XRP Ledger has reached a milestone of 6.5 million users—the highest in its 12-year history.

Bitcoin Pepe to list on May 31

Bitcoin Pepe (BPEP) is positioning itself as a project that combines Bitcoin’s established presence in the crypto market with the viral momentum often seen in meme coins.

The project promotes its approach as a first-of-its-kind initiative, aiming to bridge the gap between the two segments. According to its messaging:

Investor interest has been building, with the ongoing presale raising over $8 million so far.

BPEP tokens are currently priced at $0.0326, with the presale scheduled to end on May 31, 2025.

A potential exchange listing is expected to follow soon after, which could act as a catalyst for further price movement.

With positive sentiment returning to the broader crypto market, Bitcoin Pepe may attract further attention from investors seeking exposure to speculative meme-driven assets.