Market Watch: Crypto Heavyweights Face Pressure šØ
The crypto market sees significant corrections in its top assets over the last 24 hours:
$BNB : Currently trading at $698.69, down -3.69%. Bulls struggle to reclaim the $700 mark as selling pressure persists. Key support levels are being tested as traders eye a potential bounce.
$BTC : Bitcoin slides to $95,155.55, experiencing a -5.55% drop. The market leader faces resistance at $96K, with support levels being revisited. A pivotal point for long-term investors to assess risk.
$ETH : Ethereum trades at $3,355.63, seeing a sharp decline of -7.74%. Market volatility rises as ETH dips below $3,400. A critical area for traders eyeing reversals.
Key Insights:
Broad market sell-offs fueled by rising U.S. bond yields and investor risk aversion.
Major altcoins following the bearish sentiment, with recovery opportunities potentially on the horizon.
Stay vigilant and assess your portfolio for the next move.
