Global virtual asset market, Centered on altcoin slump...Investor anxiety escalating

This week, the global virtual asset market is showing a general decline, increasing investors' anxiety. In particular, a sharp decline centered on altcoins is appearing, and concerns about further adjustments rather than short-term rebounds are spreading.

According to CoinGecko, Bitcoin (BTC) is trading at approximately 103,097 dollars, down 0.5% from the day before, and 0.6% over seven days. Market capitalization is about 204.76 billion dollars, and the 24-hour trading volume reached 180.4 billion dollars.

Ethereum (ETH) also fell 3.3% during the day, adjusted to about 2,464 dollars, and fell 4.4% on a weekly basis. The market capitalization is about 297.4 billion dollars.

XRP is 2.34 dollars, down 1.5% for the day and 4.2% for the week. Trading volume is 26.7 billion dollars, and market capitalization is 137.3 billion dollars.

Binance Coin (BNB) is 639 dollars, down 1.1%, and fell 2.6% on a weekly basis. Solana (SOL) is 165 dollars, down 1.5% for the day and 5.4% for the week.

In particular, Dogecoin (DOGE) plummeted to 0.2139 dollars, down 3.6% for the day and 13.1% for the week, showing the largest decline among altcoins. Ada (ADA) also fell 2.7% for the day and 10.8% for the week to 0.7391 dollars.

Meanwhile, Tron (TRX) rose 2.2% over seven days, but fell 1.1% during the day, showing mixed fluctuations.

As the market decline continues, concerns about further adjustments rather than short-term rebounds are growing among investors. Experts analyze that the selling trend centered on altcoins may continue for the time being and advise that a cautious investment strategy is needed.