📉 Bitcoin (BTC):
Price: The price of Bitcoin dropped to around $92,600 after a notable rise in the previous days.
Explanation: This pullback is considered part of a market correction after sharp increases, prompting some investors to take profits.
Expected future: Despite the current decline, Bitcoin is still considered one of the most stable cryptocurrencies and continues to attract attention as a long-term investment tool.
📉 Ethereum (ETH):
Change: Ethereum declined by 1.5%.
Explanation: Ethereum is also experiencing some pressure after periods of good performance. The pullback may be due to volatility in the general markets and a sense of caution among investors after previous increases.
Expected future: With the introduction of new technologies such as "Ethereum 2.0", Ethereum is expected to continue its development in the long term, but may experience some short-term pullbacks.
📉 Ripple (XRP):
Change: Ripple recorded a slight decrease of 0.89%.
Explanation: Ripple is still under the influence of legal tensions related to the famous case with the U.S. Securities and Exchange Commission (SEC), which may lead to price volatility.
Expected future: Despite legal difficulties, Ripple remains one of the cryptocurrencies that attracts attention, especially with its focus on its uses in international payment transfers.
📉 Selling pressure:
Many investors resort to correcting their portfolios after periods of sharp price increases, creating selling pressures that affect the market as a whole. As this pressure continues, we may see further price volatility before the markets stabilize again.
