Cryptocurrency markets have lost $230 billion in market capitalization in just six days.
This move comes as Bitcoin shed 11.65% from its all-time high of $73,949 in the last five days.
The AI category of altcoins contributed the most to the recent crash by losing 41% of their value in the past week.
The two most important contribution to the ongoing bull market is the meteoric rise in Bitcoin due to the ETF approval and the sudden interest spike in Solana ecosystem. But the recent move suggests that the upward momentum is dissipating and a correction looms.
#BTC #BinanceTournament #BTCFOMCWatch #altcoins #bitcoin
