#CryptoMarketDip

Today’s crypto market decline is part of a correction that started during the early New York trading hours on Jan. 7 when Bitcoin

$BTC

tickers down

$93,958

lost the $100,000 level, as two stronger-than-expected US economic data prints quelled the early-year momentum by crypto assets.

BTC price dropped as much as 6.35% to an intra-day low of $05,279 on Jan. 8. The decline in the pioneer cryptocurrency triggered panic selling among crypto investors, with prices dropping across the board.

Ether

$ETH

tickers down

$3,270.27

lost all the gains made over the last seven days, dipping as low as $3,300 on Jan. 8, recording 10% losses over the last 24 hours.