The cryptocurrency market is experiencing a downturn with subdued trading activity. Bitcoin is approaching the $60,000 mark, with many altcoins also facing declines. Overall market capitalization has dropped to $2.37 trillion. The cryptocurrency market is seeing a decline, with Bitcoin nearing $60K and altcoins also suffering. Here’s a detailed analysis of the current market trends.
![Bitfarms Boosts Bitcoin [BTC] Holdings Amid Mining Revenue Decline and Hostile Takeover Defense](https://resources.cryptocompare.com/news/77/default.png "Bitfarms Boosts Bitcoin [BTC] Holdings Amid Mining Revenue Decline and Hostile Takeover Defense")
