๐Ÿ”ป Causes of the Crypto Market Crash

US Inflation Data disappoints โ†’ hopes for rate cuts by The Fed fade.

Comments from the US Secretary of the Treasury: The government will not increase Bitcoin reserves โ†’ negative market sentiment.

Profit-taking action after Bitcoin briefly broke the record (above $124,000).

๐Ÿ“‰ Price Movement (Today)

Bitcoin (BTC): Down ~2.5% โ†’ now in the range of $115,000

Ether (ETH): Down ~5.7%

XRP, Solana, Dogecoin: Down ~5โ€“6%

$BTC $ETH $WCT