Bitcoin and Ethereum Falling: A New Era in the Crypto Market

Continued Decline in the Crypto Market

Cryptocurrency markets have fallen below the $3 trillion threshold, marking a decline for the third time this month. The decrease in overall market value is raising concerns among investors.

Assets with large market capitalizations, particularly those linked to the Exchange-Traded Fund (ETF), are under selling pressure as institutional investors reassess risks. This situation is leading to a decrease in the value of leading cryptocurrencies such as Bitcoin and Ethereum.

Asian Markets Showing Divergence

The decline of Bitcoin stands out with the increase in Asian stock indices. In particular, stock indices in these regions are showing a positive trend, driven by expected fiscal stimuli from China.