As the leading cryptocurrencies, their performance heavily influences the entire market. When Bitcoin or Ethereum faces selling pressure, it often drags down the rest of the market.✅
In summary, the current downturn in the crypto market appears to be driven by a mix of macroeconomic concerns, regulatory pressures, negative sentiment, and technical factors. While such corrections are common in the volatile crypto space, they can be challenging for investors. It's crucial to stay informed, manage risks, and consider long-term strategies during these periods.
