The recent downturn in the crypto market, particularly for $BTC and $ETH
ETHFI
0.989
+3.66%
is driven by a combination of rate cuts, over-leveraged traders, and macroeconomic shifts. While rate cuts initially appeared positive, they fueled short-term selling pressure and forced liquidations, grabbing liquidity from impatient holders. Additionally, the FOMC meeting and updates on inflation, Fed statements, and risk sentiment further intensified volatility, making risk assets like crypto highly unpredictable. Despite this, short-term panic often creates long-term opportunities, so it’s important for investors to stay calm, manage risk, and view current market fluctuations as potential buying opportunities for the patient and strategically-minded trader.
ETH
3,229.69
-5.86%