Bitcoin fell by 3.1% today, likely due to a combination of factors. Positive news includes MetaMask adding tokenized US stocks, ETFs, and commodities through Ondo, integrating new asset classes and potentially fostering long-term growth. Y Combinator offering stablecoin funding to startups may also promote crypto adoption. However, Novogratz's Galaxy Digital reporting losses and Bitcoin's failed rebound dampened investor sentiment. The decline of privacy coins likely contributed to the negative market mood. Tom Lee's assertion of a crypto bottom is positive but insufficient to offset the overall decline. Global market instability also appears to have influenced the crypto market.