The cryptocurrency market experienced a short pullback today as major coins moved into the red. Bitcoin dropped below $70,000, trading around $67K–$68K, while Ethereum fell under the important $2,000 level. The decline triggered more than $329 million in liquidations in leveraged positions across the market.
Analysts say the drop is mainly due to profit-taking after recent rallies and rising global uncertainty that made investors cautious about risky assets.
Despite the short-term dip, many experts believe this is a normal correction and the crypto market could recover if buying momentum returns.
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