Major tokens like Bitcoin are down about 1.5% today, while others like Ethereum, Solana, and XRP are down 2–5%.
This indicates that the entire cryptocurrency market is under pressure. Investors are responding to macro-headwinds: non-yielding assets like cryptocurrency are suffering due to the expectation that the
Federal Reserve may maintain high interest rates. In the meantime, headlines have been drawn to a dramatic criminal case involving Russian cryptocurrency figure and his wife, who are connected to a $500 million fraud and violent extortion over cryptocurrency holdings.
#BTC #ETH #solana #xrp $BTC $ETH $SOL
{spot}(SOLUSDT)
{spot}(ETHUSDT)
{spot}(BTCUSDT)
This indicates that the entire cryptocurrency market is under pressure. Investors are responding to macro-headwinds: non-yielding assets like cryptocurrency are suffering due to the expectation that the
Federal Reserve may maintain high interest rates. In the meantime, headlines have been drawn to a dramatic criminal case involving Russian cryptocurrency figure and his wife, who are connected to a $500 million fraud and violent extortion over cryptocurrency holdings.
#BTC #ETH #solana #xrp $BTC $ETH $SOL
{spot}(SOLUSDT)
{spot}(ETHUSDT)
{spot}(BTCUSDT)
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BTC
95,662.88
-2.86%
