#CryptoMarketDip

The cryptocurrency market has recently experienced a downturn, with Bitcoin falling below $95,000 and Ethereum dropping over 6% in the past 24 hours. This decline is attributed to stronger-than-expected U.S. economic data, which has reduced the likelihood of Federal Reserve interest rate cuts, leading to approximately $300 million in crypto liquidations. Other cryptocurrencies, including Solana and Avalanche, have also seen significant declines, reflecting a broader market downturn.