The cryptocurrency market cap declined by 1.7% to $3.06 trillion, with 90 of the top 100 coins and 9 of the top 10 falling in value. Bitcoin dropped 1.7% to $87,820 and Ethereum slid 2.5% to $2,942 amid hawkish Federal Reserve policies and geopolitical tensions. Market participants are in a consolidation phase, awaiting clearer policy signals and macroeconomic clarity before making decisive moves.