🔗 Crypto Market Update: Bitcoin and Altcoins Face Pressure

- Bitcoin (BTC) dipped to nearly $93,000 as U.S. treasury yields surged, impacting equities and crypto alike. The ISM report showed stronger-than-expected U.S. service sector data, adding to market jitters.

- Major altcoins like Cardano (ADA), Solana (SOL), BNB, and Ethereum (ETH) saw declines of nearly 10% since Monday.

- The CoinDesk 20 index fell 2.87% in the last 24 hours, following a 7% drop on Wednesday.

- Traders are eyeing upcoming U.S. economic data, with hopes for a bullish rally post-Trump's inauguration.

What are your thoughts on the current market trends? Share in the comments! 📈