Crypto market analysts note the fall of bitcoin, ETH and DOGE

The cryptocurrencies Bitcoin BTC $103,848.29 Bitcoin 0.31% Market capitalization $2.06 trillion VOL. 24 hours $5.61 billion , Ethereum ETH $3,332.54 Bridged Ether (StarkGate) 2.76% Market capitalization $0.3 billion VOL. 24 hours $1.97 billion and Dogecoin DOGE $0.09 Department Of Government Efficiency -2.92% Market capitalization $84.11 million VOL. 24 hours $0.49 billion have experienced a decline in value despite the growth of the stock market. Analysts attribute this to the cooling of investor interest due to the lack of concrete actions on cryptocurrency regulation by the administration of US President-elect Donald Trump.

As a result, Bitcoin dropped by 2.33% to $ 103,392, while Ethereum lost 2.13% to $ 3,255. Dogecoin also dropped by 1.94% to $ 0.3612. Over the past 24 hours, 96,027 trades were liquidated, resulting in total losses of $ 185.56 million, most of which were long positions.

An analyst at Rekt Capital noted that Bitcoin may be in a phase of re-accumulation before the next rise, potentially to $ 150,000 if history repeats itself. Ethereum is also showing promise for growth due to significant purchases by the World Liberty Financial platform, which is backed by Donald Trump.

Meanwhile, the global capitalization of the cryptocurrency market increased by 3.62% to reach $ 3.62 trillion. On the stock market, the Dow Jones, S&P 500, and Nasdaq also showed growth amid Trump’s announcement of $ 500 billion to support artificial intelligence.

Interestingly, yesterday, January 22, analysts noted the positive dynamics of top crypto assets after news of the US Securities and Exchange Commission’s (SEC) plans to introduce new rules for digital assets. Experts emphasized that regulation can stimulate greater investor confidence in the market.