Bitcoin Slips Near $78K as Small Caps Retreat

Bitcoin recently dipped two percent over a twenty four hour window to sit around $78,111. The downward move came alongside widespread losses across the digital asset space. In fact, ninety five out of the top one hundred tokens tracked by the CoinDesk 100 index saw declines during the session.

Most of the selling pressure hit the market overnight. Smaller altcoins and memecoins led the retreat, pulling major indexes down with them. Traders are now watching to see if buyers step in to defend key support levels or if the pullback will stretch into the weekend.

Market participants should keep a close eye on trading volumes and overall sentiment in the coming days. A swift recovery could signal that the dip was just a minor shakeout, while sustained weakness might point to a deeper correction across the board.