#MarketPullback #MarketPullback

We have witnessed a notable #MarketPullback in the cryptocurrency market over the last few hours, with the most prominent being the sudden decline in the price of $BTC.

This drop was the result of a combination of factors, most notably the release of U.S. economic data indicating rising inflation, which prompted investors to reduce their exposure to high-risk assets.

Additionally, short-term interest rates rose, raising concerns about liquidity in the markets.

The actions of large holders (whales) also contributed to the pressure on the price through massive sell-offs, which increased the selling momentum on the BTC/USDC pair.

However, such corrections are considered normal and ideal opportunities for smart traders to enter at better price levels.

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