Crypto Market Decline: Bitcoin and Ethereum Are Showing Caution

Bitcoin and Ethereum are Declining

Bitcoin has dropped to $86,100, experiencing a %4 loss. Meanwhile, Ethereum fell below $3,000 with a decrease of %6.7.

Macro Economic Concerns are Impactful

The cryptocurrency markets have declined alongside stocks due to macroeconomic worries, including weak US employment expectations and the potential bursting of the AI bubble.

Critical Support Levels Approaching

Various tokens like XRP, Solana, and Cardano are approaching significant support levels, increasing the possibility of a short-term recovery.