BTC lost ground this Saturday, trading at $79,069, a 2.4% drop for the day. ETH followed suit, trading at $2,224, failing to capture any upward momentum. Over the week, the ‘queen of cryptos’ saw a 1.4% decline, a signal that raises questions among investors after weeks of relative stability. This pullback occurs within a tense macroeconomic environment. Traditional markets, particularly U.S. stock indices, also weakened this week, penalized by persistent fears over inflation and interest rates. BTC, often touted as a safe haven, currently appears to be correlating with risk assets, which limits its defensive appeal. Trading volumes remain moderate, indicating widespread caution among traders. For observers, this drop below $80,000 is a significant psychological test. Should the $78,000 threshold be breached, a more extensive selling movement could be triggered. Conversely, a quick rebound would bolster long-term investor confidence. ETH, for its part, struggles to find its own catalyst, remaining dependent on BTC’s trends. Next week will be crucial in determining whether this pullback is a temporary correction or the start of a more bearish trend.
📬
Recevez le briefing crypto de la semaine
Analyses, tendances et opportunités — directement dans votre boîte mail.
