Bitcoin is holding the $100,000 level, while altcoins are in decline.

Market Volatility Continues

The cryptocurrency markets experienced another decline on Friday due to a strong dollar and the Federal Reserve's hawkish tone. This situation led to a 18% loss in Bitcoin over the last 30 days.

Open positions in Bitcoin futures decreased to $24.9 billion as investors reduced their leverage ratios. However, the outlook in options trading remained somewhat optimistic; call options were at a 64% ratio, outpacing put options at 35%.

On the other hand, cryptocurrency investors focused on high-volume, narrative-driven assets like FET and NEAR, gaining more than 20% in 24 hours. Despite the weakness in the markets, these assets are exhibiting remarkable performance.