#MarketPullback #OnChainAnalysis #btc
According to CoinMarketCap, the global cryptocurrency market capitalization stands at $2.77 trillion, reflecting an 8.85% drop over the past 24 hours.
Bitcoin (BTC) fluctuated between $82,465 and $93,721 in the last day. As of 09:30 AM (UTC) today, BTC is trading at $83,836, down 8.75%.
The broader crypto market is showing mixed performance. Notable gainers include REQ, RED, and SOLV, which have risen by 12%, 9%, and 7%, respectively.
Top Stories:
U.S. to proceed with a 25% tariff on Mexico and Canada as planned.
U.S. to impose tariffs on imported agricultural goods.
China retaliates against U.S. tariffs with higher import levies.
U.S. President Donald Trump to deliver his first joint address to Congress.
Sources reveal Trump administration's plans for zero capital gains tax on cryptocurrency sales.
Goldman Sachs forecasts that tariffs will affect U.S. consumer prices.
Federal funds futures rise as expectations grow for U.S. rate cuts in 2025.
Nasdaq seeks approval for Grayscale Hedera ETF listing.
Arthur Hayes maintains that Bitcoin’s bullish cycle remains intact, though market volatility looms.
Chris Burniske suggests that market pessimism offers an opportunity for long-term crypto investors.
Market Movers:
ETH: $2,092.09 (-11.02%)
XRP: $2.35 (-9.56%)
BNB: $565.74 (-5.74%)
SOL: $136.30 (-14.71%)
DOGE: $0.19194 (-12.38%)
ADA: $0.8018 (-16.54%)
TRX: $0.2339 (-2.78%)
TRUMP: $12.24 (-18.99%)
WBTC: $83,723.73 (-8.65%)
HBAR: $0.23058 (-7.52%)