๐จ Sharp Drop in Crypto โ Has the Correction Begun?
๐ง
The markets have witnessed a sharp decline in cryptocurrencies today:
๐ป Bitcoin has dropped to $101,000 after massive profit-taking from long-term wallets amounting to $1.47 billion.
๐ป Ethereum has fallen to $2,490 with large sell-offs exceeding 117,000 ETH, amid escalating indirect tensions between Trump and Elon Musk.
๐ The market capitalization of cryptocurrencies has decreased to $3.21 trillion with positions being liquidated for a billion dollars in just 24 hours.
๐ก At the same time, BlackRock has injected over $34.7 million into ETH, which may reflect readiness for an upcoming bullish wave.
๐ The current correction may be temporaryโฆ or the beginning of a new wave of volatility. Stay tuned with us for updates.
๐ Do you expect a rebound soon? Share your thoughts in the comments.
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