The crypto market recently experienced a downturn erasing more than 1.2 trillion USD. Bitcoin’s price declined sharply from 120,000 USD to approximately 80,000 USD, while Ethereum (ETH) also faced challenges, reflecting changing investor behavior.
Analysts emphasize that this correction is not systemic but influenced by macroeconomic factors. Institutional investors are experiencing slower decision-making processes, contributing to the current volatility in the market.
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