Crypto Market Cap Falls Below $2.75T After Sharp Drop

• Crypto market drops 4.6% in 24 hours, now at $2.747T
• $874B wiped out since Trump’s second term began
• Market faces pressure amid macroeconomic uncertainties

Market Sees Sharp Correction

The total crypto market cap drop has caught the attention of investors once again. After a significant 4.6% slide over the past 24 hours, the total market capitalization of cryptocurrencies now stands at $2.747 trillion—dipping below the psychological $2.75 trillion mark.

This drop reflects a broader correction in the digital asset space, affecting major cryptocurrencies like Bitcoin and Ethereum , along with altcoins that had seen impressive rallies earlier this year.

Losses Deepen Since January Peak

Since the beginning of Donald Trump’s second presidential term on January 20, the crypto market has shed approximately $874 billion in value. Back then, total capitalization stood at a high of $3.621 trillion, fueled by institutional optimism, ETF excitement, and strong on-chain metrics.

However, the momentum has stalled due to a mix of regulatory uncertainties, shifting U.S. economic policy, and profit-taking by large investors. This correction serves as a reminder of the volatile nature of the market, even in bullish cycles.

Caution Prevails Amid Uncertain Outlook

While long-term believers remain confident in crypto’s future, the short-term picture remains mixed. Market analysts suggest the next few weeks could remain choppy, especially with macroeconomic data releases and ongoing global financial tension influencing sentiment.

Investors are now watching key support levels closely, with hopes that a consolidation phase could set the stage for the next move upward. For now, caution seems to be the dominant mood across the crypto space.