📈 Crypto Currency News – Today
The market is experiencing a slight correction after a strong upward wave:
The market value of cryptocurrencies dropped today by about -2.2%, with a decline in most major currencies.
Bitcoin fell to around $121,788, while Ethereum dropped by more than 4%.
Among the currencies that benefited: BNB rose by about 4.8%, while others like W and FLOKI recorded losses.
In other important news, record inflows into digital index funds (ETFs) reached over $5.95 billion this week, reflecting continued institutional investor interest in entering the digital space.
Additionally, a new S&P Digital Markets 50 index was launched to combine digital assets with traditional stocks in one index.
🔎 My Quick Analysis
The market is now in a normal correction phase after massive increases — these declines are likely to be temporary if institutional liquidity flows and legislative support continue.
If important support levels (like around $118,000 – $120,000 for Bitcoin) are not broken, we may see a new rebound toward the high resistance.
I advise a wise approach: do not rush to buy at the peak of the rise, but watch for coins with good fundamentals that may benefit from a return to the upward wave.
