Yesterday, the cryptocurrency market plummeted, mainly due to the collapse of the U.S. stock market. When the U.S. stock market falls, investors get anxious and quickly sell off their high-risk assets, causing the cryptocurrency market to suffer as well. Mainstream cryptocurrencies like Bitcoin and Ethereum saw significant price drops, and many investors lost quite a bit of money.
However, don't worry too much; if there are no major news updates tonight, the cryptocurrency market is likely to rebound. After all, the drop yesterday was severe, and many people feel that prices have reached a relatively low point, prompting them to think about buying in at the bottom. As more people start buying, prices could naturally rise again. Of course, this is just a speculation based on the current situation; the cryptocurrency market changes rapidly, and no one can predict it with certainty. Everyone should still exercise caution when investing.
