The cryptocurrency market faced a downturn, losing 2.47% in valuation from $2.39 trillion to $2.33 trillion within 24 hours, shedding $100 billion this week. Bitcoin mirrored this trend, dropping 0.98% with a 24-hour low of $64,597.25. Ethereum also dipped below $3.4K, marking a 3.93% correction. Other leading altcoins like BNB, Solana, and Toncoin saw significant declines, correcting by 3.08%, 5.23%, and 8.83%, respectively, breaching crucial support levels. As the week unfolds, the market signals caution amidst bearish sentiments, impacting major cryptocurrencies across the board.