Market Analysis
The crypto market is experiencing a broad downturn today, with major assets showing consistent bearish momentum:
Bitcoin (BTC) has dropped to $10,163, down 1.77%, signaling increased selling pressure at lower support levels.
Ethereum (ETH) fell by 5.53% to $2,290, reflecting weakness in altcoins and potential investor caution.
Solana (SOL) experienced a sharper decline of 5.22%, trading at $133.33 as short-term momentum fades.
BNB (Binance Coin) dropped 2.77%, holding at $626.86, showing relative strength but still following the broader trend.
XRP declined 3.47% to $2.0560, struggling to maintain mid-term support zones.
The market sentiment remains negative, with increased volatility and potential for further downside unless strong support levels hold. Caution is advised for traders, while long-term investors may view this as a strategic accumulation phase.
