🚹 Crypto Market in the Red: What’s Going On?

This week, the crypto market has faced a significant downturn:
đŸ”» $BTC dropped to ~$93,000
đŸ”» $ETH briefly fell below $3100
đŸ”» Most top 100 cryptos lost over 10%!

Here’s what’s behind the sell-off:
🩅 Fed Turns Hawkish: Fewer interest rate cuts in 2025 rattled markets.
📉 Profit-Taking: After Bitcoin hit $108K, some investors locked in gains.
💬 Jerome Powell’s Bitcoin Remarks: No plans for a Bitcoin reserve, dampening adoption hopes.
📊 MicroStrategy Rumors: Speculation about pausing BTC purchases spooks investors.

Should you worry? đŸ€”


Crypto’s fundamentals remain unchanged, with strong institutional interest and ongoing ETF support. Neither of the reasons behind recent sell-off alter the core fundamentals that drew you to crypto initially.

If you remain confident in your holdings, there is no reason to worry – this current correction could even be seen as a chance to acquire more coins at a lower cost.

#BTCNextMove #MarketPullback #MarketCorrectionBuyOrHODL?