Why Is Crypto Dropping Today?

Highlights:

Crypto lost ground as Bitcoin, Ethereum, and XRP erased Friday’s gains—BTC dropped ~3% to $111K, ETH down ~3.6%, XRP ~2.5% .

A Bitcoin whale reportedly offloaded a large holding, triggering a sharp flash crash .

The rebound after Powell’s dovish speech seems to have encouraged profit-taking, especially after BTC fell below its 50-day moving average .

Bottom Line:

Overbought relief + whale sell-off = quick dip. Market mood turned cautious, prompting a pullback.

Question to the community:

Are you using this as a buying opportunity or staying cautious?