Here’s a snapshot of the crypto markets today:

📊 Market Overview

Total Market Cap & Volume
Global crypto market cap stands between $3.3 – 3.4 trillion, with a slight daily decline of around **0.5–2.2 %** .
24‑hour trading volume hovers near $85–100 billion .

Bitcoin (BTC)
Trading near $107k, down ~0.8% intraday . A major $40 billion options expiry is expected today, possibly driving volatility .

Ethereum (ETH)
Prices around $2,420, with a minor dip of ~1% . ETH saw a brief bounce from ~$2,386 to ~$2,444 earlier .

Altcoins & Trends

Solana (SOL) trades around $142–$143, showing slight daily movement (+0.2–0.5%) .

Other altcoins, including XRP, BNB, ADA, are mostly in mild to moderate negative territory, with some displaying doji-style indecision in charts—signaling low directional conviction .

🧭 Market Context & Drivers

Holding Pattern Amid Macro Caution
The market is generally flat—crypto appears to be in a “holding pattern,” waiting on macroeconomic signals (Fed decisions, inflation data, regulatory news) .

Regulatory Watch
U.S. regulatory activity continues—ranging from stablecoin and market-structure legislation to potential SEC actions. These developments loom over market sentiment .

Geopolitical & Economic Factors
Signs of easing inflation in the U.S. and geopolitical tensions in the Middle East contribute to a cautious tone .

On‑chain & Sentiment Indicators
Bitcoin’s MVRV ratio is moderating, potentially entering a “late-stage” bull phase. Analysts highlight the importance of renewed on‑chain activity and volume to propel BTC past the $110k–112k range .

🔍 Summary

Overall, crypto markets are fairly steady with modest declines across major assets. Key factors to watch:

Bitcoin’s $40 B options expiry – can spark sharp short‑term moves.

Fed and macro data updates – inflation/labor prints could shift risk sentiment.

Regulatory newsflow – particularly around U.S. policy and global frameworks.

On‑chain volume/metrics – increased BTC activity is critical if prices are to regain momentum.