#MarketPullback #market

Market Movement

Bitcoin (BTC) dropped from a local high of $95,600 to around $91,200 within a 48-hour window.

Ethereum (ETH) also declined by over 3%, indicating broader crypto market softness.

Crypto-linked equities, such as Coinbase and MicroStrategy, saw declines of 5–7% intraday.

Analysts' Take

JP Morgan: Warns of "regulatory overhang" and sees limited near-term upside.

ARK Invest’s Cathie Wood: Remains bullish long-term, calling the pullback “noise in a long-term trend.”

Crypto Twitter: Mixed responses, with some calling the move "political posturing" while others view it as the start of a “nation-state race for Bitcoin.”