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Just checked the bitcoin price and we're sitting around 79.6K right now, down about 1.6% in the last day. The broader crypto market seems to be taking a breather after that earlier rally. Bitcoin has been ranging between 78.7K and 80.8K recently, which is pretty typical consolidation behavior.
Most of the major alts are bleeding a bit too - Ethereum dropped 2.1%, Solana's down almost 4%, and even BNB and XRP are showing red. The only real bright spots I'm seeing are TRX up 1% and WLFI slightly green. Those coins that were pumping hard earlier like ID, GMT, and POL are all correcting now, which makes sense after those kinds of moves.
Overall the market cap is still holding around 3T territory, but it feels like we're in a consolidation phase. Nothing too crazy happening, just typical sideways action. Watching to see if bitcoin price holds above 79K or if we test lower levels. Could be a good setup for the next move, just depends on what happens with macro data.