Market in correction: cryptocurrencies fall by up to 7% and Bitcoin holds at $118,000 Bitcoin remains above $118,000 despite a slight pullback, while Ethereum adjusts after a strong weekly rise. Profit-taking coexists with political and monetary signals that sustain institutional interest in crypto assets, in a context of anticipation for the Fed's interest rate policy and greater regulatory support in the US.
The cryptocurrency market operates this Tuesday with widespread corrections, after a week marked by sustained rises and renewed institutional interest. Bitcoin (BTC) gives up around 0.2%, according to Binance, but manages to hold above $118,000, while Ethereum (ETH) cuts back by 4.41%, after having accumulated a 20% increase in the last 7 days, and remains close to $3,600.
