So this Friday, crypto is again following the risk market that is currently falling. Bitcoin was briefly pressured to $67k yesterday, down 1.5% in a day, but still remains positive for the week. Ethereum is also weak, declining along with Bitcoin. That’s what you call Friday mood in the market, said Daniel Reis-Faria from ZeroStack - crypto today really mirrors equities. Nasdaq drops, Bitcoin follows suit. He sees this as just leverage cleanup, not a serious trend reversal. Looking at the weekly chart, the picture is healthier. Altcoins are still accumulating gains - Cardano, Solana, and BNB are all still green over 7 days despite today’s pressure. XRP is an exception, down 3.7% in 24 hours and red on the weekly. In conclusion, Bitcoin is now trading like a macro asset. As long as new demand doesn’t come in consistently, this volatility will keep recurring. Every time equities retreat, Bitcoin also pulls back.

BTC-0.88%
ETH-0.34%
ADA0.31%
SOL0.24%
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