Crypto Market Decline: Bitcoin and Altcoins Are Falling

Investors Are Avoiding Risky Assets

Liquidity in the US is tightening and rising trade tensions are driving investors away from risky assets. This situation has increased demand for Treasury bonds, while the CoinDesk 20 Index experienced a nearly 9% decline.

Bitcoin Falls Below 200-Day Average

Bitcoin has fallen below the critical level of the 200-day simple moving average. Analyst Timothy Misir warns investors to adopt a defensive position and practice disciplined cash management.

Major Losses in Crypto Derivatives

In the last 24 hours, more than $1.2 billion in crypto derivatives value has been wiped out. The losses are mainly led by Ethereum and Bitcoin, raising concerns that falling below the $100,000 level could trigger a broader bear market.