📰 Red Monday for Cryptocurrencies in the Eurozone
The crypto market has started the week with significant declines
Bitcoin (BTC) dropped from a peak of $107,000 to approximately $102,926, with an intraday drop of over 4%.
Ethereum (ETH) experienced a sudden drop, falling from $2,600 to $2,300 in just 15 minutes, representing a decrease of over 11%.
📉 Key Factors Behind the Decline
Several elements have contributed to this situation:
Downgrade of the U.S. credit rating by Moody's, which has generated uncertainty in global markets
Reduction of growth forecasts for the Eurozone for 2025, from 1.3% to 0.9%, due to trade tensions with the U.S.
Launch of XRP futures on the Chicago Mercantile Exchange (CME), which has added pressure to the market at a time of high volatility.
