The crypto market lost momentum over the past 24 hours, as cryptocurrencies, including Bitcoin (BTC), registered notable declines. As a result, the crypto market cap shrunk by just over 1%, falling to $2.58 trillion. BTC, which was struggling to stay above the $80,000 mark as momentum waned, dipped to a low of $78,705 before recovering and reclaiming $80,000. 

The flagship cryptocurrency is currently trading just under the $81,000 mark. Ethereum (ETH) also lost momentum after moving past $1,600 and fell to a low of $1,485 as selling pressure intensified before rebounding to reclaim $1,500 and move to its current level. Meanwhile, Ripple (XRP) fell to a low of $1.93 on Thursday before recovering to reclaim $2. 

Markets saw a mixed performance over the past 24 hours, with some …