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Why Is the Crypto Market Pulling Back Despite Bitcoin Topping $107K?
Why Is the Crypto Market Pulling Back Despite Bitcoin Topping $107K?
Bitcoin ($BTC ) recently soared past the $107,000 mark, setting a new all-time high. However, instead of lifting the broader crypto market with it, the rally was followed by a sharp correction. Many altcoins slumped, and overall market sentiment took a cautious turn. So, whatās behind this unexpected market pullback?
1. Bitcoin Rally Triggers Profit-Taking
As BTC crossed $107K, many traders and long-term holders took the opp