Global crypto market cap slips under US$3.8 trillion amid Bitcoin pull-back

The global cryptocurrency market capitalization dropped to around US$3.78 trillion after major coins saw declines of 5-7% in 24 hours, led by Bitcoin falling below US$108,000. The pull-back follows the Federal Reserve’s recent rate cut and signals of a slower-than-expected easing path. Data from CoinSwitch shows Generation Z (ages 18-25) now account for 37.6% of India’s crypto-investor base, overtaking millennials. Analysts say the drop reflects a “sell-the-news” reaction and warn of rising market risk if broader liquidity conditions tighten.