The crypto market is facing uncertainty as the Total Crypto Market Cap and Bitcoin struggle to clear resistance levels. SingularityNET (AGIX) is also at risk of breaking down from a bullish pattern, adding to the market's overall volatility.
Amid regulatory pressures and market weakness, Bitcoin and other cryptocurrencies experience a downturn. Despite traders' bullish outlook, their bets on a rebound may further impact prices in the short-term. Altcoins and memecoins also face declines.