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Quick Summary:

• Bitcoin (BTC) is trading around $109,762, down about –2.86% from the previous session. The price fluctuated during the day from about $108,951 to $113,591.

• Ethereum (ETH) is at $4,378.67, with a sharp decline of up to –7.57% for the day. The price range during the session is from $4,330 to $4,772.

These are the most approximate prices at the moment.

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Market Sentiment:

Major coins are undergoing a strong correction today. According to reports:

• Bitcoin fell due to selling pressure from a “whale” that dumped about 24,000 BTC, causing the market to react unexpectedly and creating a “flash crash” – a strong sell-off in a short period.  

• Ethereum was also affected, declining in the wake of the overall market correction. However, prior to this, ETH had climbed to a record level of nearly $4,954 over the weekend, recording significant gains throughout the month. 

Some analyses still maintain a long-term positive outlook:

• There are forecasts that Bitcoin could reach $200,000 by around 2026, although the market is currently experiencing a slight “cool down.” 

• Ethereum, with its central position in the DeFi ecosystem, continues to attract attention and plays an important role in the future of the decentralized financial market.