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Bitcoin's Plunge Below $105,000 Sends Crypto Market Cap to Lowest Level Since July

Analysts argue that crypto’s “bullish structure” remains intact, despite a sell-off driven by fears in the traditional banking sector.

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💡 DMK Insight

DMK Insight: The resilience of crypto's bullish structure suggests that market fundamentals may still be strong, even amid external pressures from traditional banking fears. This divergence highlights the potential for cryptocurrencies to act independently of traditional financial systems, which could attract more investors seeking alternatives. However, sustained volatility may challenge this bullish outlook if banking sector concerns escalate further.