🚨Why is today's crypto market down?
In addition to a 7% weekly fall, the cryptocurrency market fell by 0.74% on the previous day. Bitcoin dropped precipitously below $88,000, indicating that bearish pressure was still present. The price of Ethereum was also widely sold, which made the market weaker. Cardano, Dogecoin, and Solana were among the other major altcoins that saw even further declines. Given that technical indicators are consistently red, the current fall suggests that traders are being more cautious.
#downtrend #crypto #Cardano #DOGE #BTC
DOGE
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BTC
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SOL
119.57
-3.06%