Market Update 🚨
Bitcoin has erased most of its bounce after last week’s crash and is now trading around $65,000. The recent drop in crypto is moving alongside weakness in the broader tech sector, especially software stocks, showing strong correlation once again.
In the last 24 hours:
BTC ↓ ~2%
ETH & SOL followed the same downside move
Nasdaq ↓ 2% as tech sentiment weakens
Precious metals also faced sharp volatility:
Silver plunged nearly 10%
Gold dropped about 3%
Trader Insight:
Market is currently in a risk-off mode. Volatility is high, and fake breakouts/bounces are possible. Manage risk, watch liquidity zones, and trade smart.
#Bitcoin #Crypto #BTC #ETH #SOL #Trading #Crypto news #BinanceSquare
XAUUSDT
Perp
5,037.48
+0.06%