Today, the crypto market faced downward pressure, showing a modest rebound but remaining weak overall. BTC hovered near $60,000 (approximately $61k–$62k), while ETH briefly broke above $1,600 before recovering slightly. Continued outflows from ETFs, combined with macroeconomic data and the Zcash vulnerability, intensified panic, leading to a sharp correction last week (reducing market capitalization). The short-term rebound is unlikely to alleviate bearish pressure, as risk appetite remains low. #LibertyCatNFT

Share






Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.
