📉 Crypto Market Breakdown
• Bitcoin (BTC): trading near $109,667, down –2.8% (24 h), with a high of $113,665 and low of $109,273.
• Ethereum (ETH): at $4,381, reflecting a sharp –8.5% (24 h) decline—its largest single-day drop in weeks.
• Liquidations Heat Up: Roughly $940 million in crypto was liquidated, nearly $800M from long positions, as BTC slipped below $110K amid macro pressure.
• Market Structure Shift:
– BTC Dominance: 58.2% (+0.45%), consolidating its hold on the overall market.
– ETH/BTC Ratio: 0.04123 BTC (–2.1%), signaling ETH losing ground against BTC.
Insight 💡: Today’s sharp pullback highlights heightened fragility—Bitcoin’s descent ignites mass liquidations, while Ethereum underperforms, driven by weaker altcoin sentiment. Rising BTC dominance alongside shrinking ETH/BTC indicates a defensive turn as investors revert to core strength in Bitcoin amid macro headwinds.
#MarketPullback #SOLTreasuryFundraising #BTCWhalesMoveToETH #FedDovishNow #TrumpFiresFedGovernorCook $BTC