📊 The cryptocurrency market witnessed a sharp correction wave as the price of $BTC dropped from its recent peak to around $80,600 in one of the most severe bearish waves.
📈 This decline was not limited to Bitcoin alone, but its effects extended to lower the total market value of the market from about $4.2 trillion to around $2.8 trillion.
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🪔 Possible reasons for this significant decline in the market:
✴️ Large withdrawals totaling approximately $1.4 billion over the past two weeks, creating unprecedented direct selling pressure.
✴️ Data from the U.S. Federal Reserve (NFCI Index) indicates the beginning of tightening in global liquidity.
BTCUSDT
Perp
89,432.5
+0.21%
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✳️ Advantages of the decline:
1. Excellent buying opportunities at the moment as some currencies have reached historical lows.
2. Providing insight into market risks and daily volatility.
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$BTC $ETH #BTC90kBreakingPoint #USStocksForecast2026 #ETHBreaksATH
