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The market is really in its head right now. Bitcoin drops below 74K and Ethereum also loses significant ground. Just yesterday, we thought we would see stability, but that seems to be overtaken.
BTC is now around 74.22K with a decrease of 0.09% in 24 hours, while ETH is hit much harder with -1.68% and hovers around 2.32K. Not exactly the momentum you hope to see. Nervousness is dominating the market at the moment, with many traders seeking safer options. Interestingly, you see that traditional assets like silver are also under pressure, so it’s truly widespread market anxiety.
Is this a moment to be patient or to adjust positions? Hard to estimate right now. The silver value and crypto both seem to be affected by the same fear.