Today in the crypto market, Bitcoin led the decline, falling 4.42% and breaking below the psychological barrier of $70,000, shattering its resilience after holding firm for several days. Ethereum fell 3.82%, slightly less than Bitcoin, but still broke through previous support levels. Solana fell 4.99%, having already seen significant gains, resulting in a deeper correction, with institutional gains being overshadowed by macroeconomic headwinds.
I believe the entire crypto market experienced a crash. Risk assets are falling in unison, and the market is pricing in war, inflation, and interest rates. However, institutional entry and application deployment provide long-term support, and this pullback presents a buying opportunity.#BitcoinPrices $BTC
BTC
62,722
-0.37%
ETH
1,673.22
-0.98%
SOL
69.52
-0.98%