Bitcoin falls to $74, dragging down Ethereum, XRP, and Solana.

• Bitcoin loses support and falls back to $74.
• Ethereum falls to $2 amid selling pressure.
• Cryptocurrency market wipes out $100 billion.

The cryptocurrency market faced another day of intense pressure after Bitcoin lost support in the $78 range, extending losses recorded throughout the week. The largest cryptocurrency in the market reached $74.200, renewing its lowest level in over a month and increasing tension among investors.

At the time of publication, Bitcoin was trading near $75.423, accumulating a daily drop of 1,71%. Ethereum was trading at $2.059, while BNB was quoted at $646. XRP was attempting to maintain stability in the region of $1,34.

The recent surge driven by the advancement of the CLARITY Act quickly lost momentum after BTC encountered resistance near $82. This move marked the second significant rejection at that level in just a few days, initiating a series of sell-offs that drove down the asset's price by approximately $8 in less than ten days.

After closing the previous week near $79, Bitcoin lost momentum over the weekend and began the new trading session below $78. The attempted recovery seen between Tuesday and Wednesday did not hold, as sellers regained control of the market.

In the early hours of Saturday morning, BTC accelerated its losses, initially plunging to $75 before reaching $74.200. This move pushed Bitcoin's market capitalization below $1,5 trillion, while its dominance over the cryptocurrency market fell to 58%.

The drop also hit major altcoins hard. Solana was down to $84,02 at the time of publication, registering a 3,14% decline in the last 24 hours. Dogecoin was trading at $0,10, while Hyperliquid was trading near $56,67 after losses exceeding 4%.

Other cryptocurrencies also registered significant declines during the trading session, including Cardano, Chainlink, Sui, and Bitcoin Cash. In some cases, the drops exceeded the negative performance of Bitcoin itself. Meanwhile, TRX was trading in the range of US$0,36, with a moderate decline of 0,60%.

With the latest downward movement, the total value of the cryptocurrency market has lost approximately US$100 billion since Thursday. The combined market capitalization of the sector has fallen to around US$2,57 trillion, amplifying the cautious mood among traders and short-term investors.