Analysts note that the sell-off trend may signal a market bottom for Bitcoin, Ethereum, and XRP. The selling pressure is slowing, indicating that investors could be preparing for a rebound, although reliance on macroeconomic factors remains a crucial component for sustained recovery.
Currently, Bitcoin is valued at 91,510.80 USD, down 2.3% in the past day. Some altcoins show resilience, with various performance metrics distinguishing them from Bitcoin’s current struggle, suggesting a complex market atmosphere for investors.
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