#BinancePizza The corrections this week in the cryptocurrency market were driven by profit-taking after a strong rise the previous week, influenced by macroeconomic optimism, including lower-than-expected US inflation data and a US-China trade agreement.
Bitcoin pulled back but remained close to $67,131,603,805.00, after briefly surpassing $67,131,603,805.00. Other major cryptocurrencies, such as Ethereum, Solana, Cardano, and Dogecoin, also recorded significant declines, with investors looking to secure their gains. The Crypto Fear & Greed index, at 74, signals overbought conditions, intensifying sales. Despite the corrections, Bitcoin has accumulated a 2.8% increase in the last seven days.