The global technology unit has returned, risk assets are under synchronous pressure, and the encryption market has experienced a general decline before the weekend. Compared to bitcoin, the drops in the tavern, the XRP and the doggy currency were more rapid, indicating that funds were withdrawn from high-variant assets faster than when markets were weaker.
Mainstream currency is generally low.
The CoinDesk data show that the Ether Mill has fallen by 5.6 per cent to about $1555 over the past 24 hours, with a cumulative decline of 7.9 per cent in the past week, the weakest of the large market value tokens. XRP dropped by 4.9 per cent to US$ 1.03, or 8.5 per cent per day; the dog currency fell by 3.8 per cent to US$ 0.074, or by 9.8 per cent in the week.
By contrast, Solana fell less, reporting $68, and only 1.2 per cent within a week. Hyperliquid's HYPE fell by 5.4 per cent, while Tron was a small increase in tokens, which rose by about 0.4 per cent in the day.
Bitcoin backsliding, 50,000 to 60,000 dollars.
At one point, the bitcoin came close to $58,000, then went back to close to $60 million, the latest being about $598888, 24 hours down by 2.7 per cent and a week down by 4.5 per cent. CF Benchmarks Research Manager Gabe Selby states that currently 50,000 to 60,000 dollars are traditionally where bitcoin falls and buys re-emerge.
In his view, the level below was in the vicinity of $55,000; if the market rebounded, $61,000 to $62,000 would need to be repositioned. The article also mentions that part of the fall in this round is due to the continued sale of large holders, while the market absorbs new supplies at a slower pace.
Technological unit drops, magnifying risk retreats.
On the macro market, the Korean Kospi index dropped by 9 per cent and triggered the second temporary stop this week. SK Hercules and Samsung electronics dropped over 8%. NASDAQ 100 index futures fell by 1.5 percent, indicating that the technology plate is continuing.
Brent's crude oil fell by $74 per barrel. Although a vessel in the Strait of Hormuz was attacked by a projector, which at one time raised supply concerns, the fall in oil prices did not significantly ease market pressure. It has been reported that the weakening of this round of encrypted assets was not triggered by a single incident within the industry, but that, in the context of the fall in the technology unit, venture capital continued to be withdrawn from high-volatile assets and some of it went to AI-related transactions.
