#MarketPullback The cryptocurrency market is experiencing a notable pullback today, with Bitcoin (BTC) leading the decline.

This retreat follows a recent surge where Bitcoin briefly surpassed the $100,000 mark before falling back below this psychological threshold. 

Ethereum (ETH) has also faced a downturn, with its price decreasing by approximately 4.67% from the previous close.

Other major cryptocurrencies, including BNB, XRP, and Cardano (ADA), are experiencing similar declines, reflecting a broader market correction.

This pullback may be attributed to profit-taking by investors following recent highs, as well as potential market manipulation or scams that can lead to sudden price drops. 

Despite the current downturn, the overall cryptocurrency market has shown resilience in the past, with market capitalizations recovering from previous corrections. 

Investors should remain cautious during such volatile periods, as the market can be influenced by various factors, including regulatory news, technological developments, and macroeconomic trends.

Staying informed and employing risk management strategies are essential for navigating the complexities of the cryptocurrency landscape.