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Just did a quick check on the markets, and Bitcoin is under pressure again. The price is falling sharply, and it looks like there’s massive selling ahead of the New York Stock Exchange opening. Selling pressure in the crypto market is increasing, and you can tell that many traders are getting nervous.
What’s interesting is that the momentum flips before the NYSE opens. Normally, everyone is hoping for a positive reaction from the traditional markets, but this time the selling pressure just seems too strong. The New York Stock Exchange will be an important indicator again today for how things will play out.
It looks like the crypto markets are still under pressure. You should keep an eye on the New York Stock Exchange—that could set the tone for the rest of the day.