Crypto market down 1.67% to $2.29T in 24h as macro-driven selling hits both crypto and TradFi. Correlation is high with Gold (89%) and Russell 2000 (87%), signaling a liquidity/rates-driven move—not crypto-specific.

BTC led the drop amid whale selling (~10.7K BTC dumped) and options market stress. ETH also saw ETF outflows, adding to downside pressure as sentiment remains in extreme fear (F&G = 8).

Key levels:

• Hold $65K–$66K → potential relief bounce toward $70K

• Break below → deeper correction toward $60K

This is a macro-inflected risk-off move. Extreme fear could spark a short-term bounce, but trend direction depends on liquidity and upcoming macro data.

BTC
BTC
69,111.77
+4.48%
ETH
ETH
2,060.29
+7.71%