Crypto Market Pulls Back: Bitcoin Sees $86,500

Drop in the Crypto Market

The crypto market rally has reversed. Bitcoin (BTC) has fallen by %3.9, dropping to around $86,500. Ethereum (ETH) has attracted attention with a %5.3 loss, while XRP has depreciated by %4.1.

In addition to this pullback, crypto-related stocks also experienced declines. Mining companies like MARA Holdings (MARA) fell by %4.8, and Core Scientific (CORZ) declined by %6. However, Hut 8 (HUT) stood out with a %12.8 increase, following the company's signing of a $7 billion lease agreement.