It fell 2.4%, reaching around $115,559, down from its recent peak of $123,166 in mid-July.

Analysts believe the market is entering a potential correction phase, with a potential decline towards the $111,000 area if the downward pressure continues.

Ethereum (ETH)

It rose by around 0.5–1.4%, reaching levels around $3,700–$3,712 during yesterday's trading sessions.

The ETH/BTC index crossed above its 50-week moving average, indicating potential for better performance for Ethereum in the short and medium term.