ICP Price Drops 5.5% as Market Bulls Lose Strength Following High Volatility

Internet Computer (ICP) experienced a significant 5.5% price decline as bullish traders lost momentum after a highly volatile trading session. The cryptocurrency market witnessed substantial price fluctuations, with ICP failing to maintain upward pressure despite earlier positive movements. Market analysts attribute this correction to profit-taking activities and decreasing buying volume across major exchanges. Technical indicators suggest potential further consolidation as trading volume decreases and resistance levels hold strong.