At 9:04 a.m. on the 6th, according to CoinMarketCap data, the global cryptocurrency market is exhibiting a uniform downward trend. The number one cryptocurrency by market capitalization, Bitcoin (BTC), traded down 4.04% over the past 24 hours at $61,175.74, retreating to the early $61,000 level. The continued bearish pressure is interpreted as a combination of outflows from U.S. spot Bitcoin ETFs and a growing risk-off sentiment.

The second-largest cryptocurrency by market capitalization, Ethereum (ETH), recorded $1,589.62, plunging 9.97% over 24 hours to show the steepest decline among major altcoins. The day's downward trend also spread across the broader altcoin market. According to CoinMarketCap, as recent market selling pressure expanded, major coins uniformly failed to escape the bearish trend.

The 24-hour fluctuation rates for major altcoins are as follows. Ripple (XRP) fell by 5.59% to $1.10, and Solana (SOL) dropped by 6.96% to $63.93. Dogecoin (DOGE) declined by 7.37% to $0.08187, showing a relatively sharp drop, while Hyperliquid (HYPE) fell by 7.02% to $59.78. Tron (TRX) decreased by 3.62% to $0.3200.

Amid shrinking investor sentiment across the overall market, the global cryptocurrency market capitalization has decreased by more than 4% in the past 24 hours. Meanwhile, trading volume has actually increased, indicating an expansion of market volatility.