The cryptocurrency market fell again, reversing the recovery of Thursday. Total market capitalization (Totalcap) has dropped 1% in the last 24 hours, signaling a new low impetus.

Bitcoin (BTC) fell 2% on the day. Among the altcoins, Dexe (dexe) has emerged as the largest loser on the market in the last 24 hours, recording the largest drop among the main tokens.

In today’s news (11):

• On April 10, 2025, President Donald Trump sanctioned the first cryptocurrency -specific bill, revoking the rule of breeders defi from IRS introduced during the Biden government.
• Ripple and SEC have jointly asked for a US Appeals Court that suspends all funds and counterclaims, signaling that both parties are moving towards a formal agreement.

Totalcap is at risk of falling for minimal accumulated in the year

The cryptocurrency market has reversed its recent gains, with total losing $ 111.22 billion of its value in the last 24 hours. The amount is $ 2.55 trillion at the time of this publication, amid the growing market volatility.

This week’s cryptocurrency market fall is mainly attributed to macroeconomic uncertainty triggered by the tariffs imposed by US President Trump to important business partners. The most restrictive geopolitical climate was reflected in cryptocurrencies, causing widespread settlement in the digital asset market.

If the falls persist, Totalcap risks prolonging its decline. In this scenario, it may fall to the year of the year, of $ 2.31 trillion.

However, a resurgence of optimistic feeling among market participants will invalidate this pessimistic perspective. In this case, the total could reverse its current low trend and rise to $ 2.59.

The main currency, the BTC, is negotiated at $ 81,100, registering a 2% drop in the last day. The broader recovery in the market registered on Thursday (10) pushed the currency beyond the main resistance formed at $ 80,580, placing it on a support floor.

However, by decreasing today’s purchase pressure (11), a new successful test of this support line seems unlikely. If bulls are unable to defend this price level, the BTC sales pressure peak can take its price back below $ 80,000 to $ 76,633.

On the other hand, if new demand enters the market and the $ 80,580 support level is firm, the BTC can recover from this floor and potentially climb toward the $ 85,357 mark.

Dexe Leads Market Losses

Dexe is the main cryptocurrency with the highest drop today. It accumulated a 7% drop on the last day and is negotiated at $ 14.58. During the period analyzed, Altcoin’s negotiation volume fired 104%, reflecting high sales pressure on the market.

When the price of an asset falls while the volume of negotiations fires, this signals strong sales pressure. This suggests that many investors in Dexe are falling out of their positions, pointing to a negative change in market feeling.

If this trend continues, the dexe will continue to fall, and its price may fall to $ 10.41.

On the other hand, if Altcoin recovers, it can break the resistance at $ 15.08 and reach $ 19.29.