#noticias The cryptocurrency market plummeted today due to several factors:
US employment data was better than expected, reducing the likelihood of the Federal Reserve cutting interest rates.
The liquidation of long positions has created significant selling pressure.
More than $387.83 million was liquidated in the cryptocurrency derivatives market.
The bearish divergence on the RSI suggests a possible trend reversal.
Geopolitical tensions and investment panic have exacerbated the situation.
Increase in transaction fees on the Bitcoin network.
Uncertainty about regulations and their possible legal consequences.
