🔻 Cryptocurrency market in decline after a rebound: What happened?
After a positive bounce yesterday, today cryptocurrencies are trading in the red. Bitcoin falls to the area of USD 103,000 and Ethereum hovers around USD 2,420. This decline is due to a mix of factors: geopolitical tensions from the Israel-Iran conflict, a more conservative stance from the Fed by halting rate cuts, and a logical technical correction after the recent rally. This is compounded by a more cautious global sentiment. While institutional interest remains strong (especially in ETH), the market is adjusting in search of support.
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