11981076578 K

The cryptocurrency market is facing a strong correction, with significant drops in leading coins such as Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). BTC fell below $106,000, while ETH retreated about 10% and BNB also showed losses. Three factors explain this instability: US inflation higher than expected, which ruled out the possibility of an interest rate cut anytime soon; the increase in geopolitical tension between Israel and Iran, which triggered risk aversion; and the massive liquidation of leveraged positions — over $1.15 billion was wiped out of the market in 24 hours.

The depreciation is seen by analysts as a technical correction within a bull cycle, but there are warnings of a possible "bull trap," with BTC potentially breaking below the $100,000 mark if conflicts intensify. Bitcoin ETFs also suffered billion-dollar redemptions, exacerbating the decline. In the short term, the market's fate depends on geopolitical stability and the Fed's stance regarding upcoming economic indicators. Even in decline, many analysts believe that the current movement could be a pause before a new bullish phase. Bitcoin, Ethereum, Binance Coin
Bitcoin, Ethereum, Binance Coin
$BTC $ETH $BNB
#Squar2earn #squarecreator #squarecreator #Binance #MarketPullback