The cryptocurrency market is experiencing a significant downturn, with major coins such as Bitcoin, Ethereum, and altcoins like Notcoin, Ripple, and Cardano seeing substantial price drops. The global market cap has decreased by 2.27% over the last 24 hours, with a trading volume increase of 95.9% to $97.2B.

Bitcoin, the largest cryptocurrency by market cap, is down 3.36% to $64,568. The 4-hour chart shows a falling wedge pattern, indicating a potential bullish reversal. However, the volume oscillator is at 10.31%, suggesting moderate volume levels.

Ethereum, the second-largest cryptocurrency, has dropped 4.2% to $3,414. The 4-hour chart shows high volatility, with the Bollinger Bands indicating a bearish trend. The Woodies CCI is below -100, suggesting oversold conditions.

Notcoin, Ripple, and Cardano are also experiencing significant price drops, with Notcoin down 15.6% to $0.01515, Ripple down 6.15% to $0.4821, and Cardano down 9.8% to $0.3721.

The cryptocurrency market is known for its volatility, and price fluctuations are common. However, the current market conditions suggest a bearish trend, with many coins experiencing significant price drops. Investors are advised to exercise caution and conduct thorough research before making any investment decisions.

In other news, on-chain analysis resources Santiment has reported an intriguing trend across the Bitcoin and Ethereum ecosystems. Additionally, a significant whale has moved $19.3 million worth of ETH to Kraken, according to SpotOnChain. The cryptocurrency market is constantly evolving, and investors must stay informed to make informed decisions.

In conclusion, the cryptocurrency market is experiencing a significant downturn, with major coins seeing substantial price drops. Investors must exercise caution and conduct thorough research before making any investment decisions. The market is constantly evolving, and staying informed is crucial to making informed decisions.