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cryptoredday

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Jacqualine_trader
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‎Crypto Markets Turn Red – Time to Reassess? ‎ ‎#CryptoRedDay #BinanceSquare #bitcoin #altcoins ‎ ‎Bitcoin has fallen back below $117,000, down from its recent record above \$120k, while Ethereum, $XRP , $SOL , and $DOGE are all in the red amid profit-taking and regulatory uncertainty. The total crypto market cap has dipped \~1.4% to around \$3.9 trillion. ‎ ‎ What's driving the dip? ‎ ‎Renewed outflows from Bitcoin ETFs and investor caution ahead of Fed Chair Powell’s speech. ‎Ongoing delays and ambiguity around U.S. legislation like the CLARITY Act and GENIUS Act, creating uncertainty for altcoin exposure. ‎After a strong rally in July, BTC repeatedly failed to close above the \$120k resistance—testing confidence.
‎Crypto Markets Turn Red – Time to Reassess?

#CryptoRedDay #BinanceSquare #bitcoin #altcoins

‎Bitcoin has fallen back below $117,000, down from its recent record above \$120k, while Ethereum, $XRP , $SOL , and $DOGE are all in the red amid profit-taking and regulatory uncertainty. The total crypto market cap has dipped \~1.4% to around \$3.9 trillion.

‎ What's driving the dip?

‎Renewed outflows from Bitcoin ETFs and investor caution ahead of Fed Chair Powell’s speech.
‎Ongoing delays and ambiguity around U.S. legislation like the CLARITY Act and GENIUS Act, creating uncertainty for altcoin exposure.
‎After a strong rally in July, BTC repeatedly failed to close above the \$120k resistance—testing confidence.
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