📉 The crypto market is reeling after a sharp drop this week. Bitcoin slipped below $102.8K, dragging Ethereum under $2.4K and Solana near $160. $XRP is testing $2.3 while ADA eyes $0.70. Memecoins like BOOK OF MEME, dogwifhat, and Fartcoin also tanked over 8–10%.
💥 Key triggers include: declining ETF inflows, a Coinbase security breach, and a crackdown on Haowang Guarantee—a major black-market entity. Add to that over $650M in liquidations and a Moody’s downgrade of the US credit rating, and you've got a storm.
🏦 Still, institutions are quietly buying the dip. MicroStrategy added 7,390 $BTC , and XRP Futures launched on CME—signaling growing credibility. Plus, BlackRock’s IBIT ETF inflows doubled Gold’s in 2025, hinting at rising institutional faith.
📊 Technicals show caution: BTC’s MACD just turned bearish, and open interest is falling. But rising stablecoin inflows suggest potential demand. If BTC reclaims $107K on real volume, an upside rally could ignite.
🤔 Bottom line? The market’s cooling, but whales are quietly buying. This could be a reset—or your last chance before the next leg up.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
Top comments (0)