Cryptocurrencies faced a downturn today, with Bitcoin retreating to around $97,500, impacting XRP, Dogecoin, and Shiba Inu, which fell 6.6%, 5.4%, and 5.2%, respectively. Despite positive news, including MicroStrategy's significant Bitcoin purchases, investor caution and specific developments, such as Ripple CEO Brad Garlinghouse's disappointment over a recent interview, contributed to the sell-off. The overall crypto bull market remains intact, but volatility persists, particularly for meme tokens.