Crypto Market Under Pressure!↘️ | XTB
The cryptocurrency market is currently under pressure for several key reasons. First, macroeconomic uncertainty and monetary policy significantly limit the appetite for riskier assets. The Federal Reserve has yet to provide clear signals regarding further interest rate cuts, creating uncertainty among investors. Additionally, a stronger dollar and growing concerns about the global economy are causing investors to exercise caution and reduce exposure to more volatile assets, including cryptocurrencies. As a result, we are witnessing sharp declines, with Bitcoin losing five percent today, falling to around 101,000 dollars, while Ethereum has dropped more than five and seven-tenths percent, reaching approximately 3,377…
