Bitcoin’s value dropped below 94,000 USD, marking a significant decline for the second consecutive day. After a sharp recovery close to 100,000 USD, it now struggles around 94,300 USD, having lost nearly 2% in the past 24 hours.
FTT and ZEC experienced significant declines, each dropping over 10% in the last 24 hours. Despite this, FTT ROSE by 16% and ZEC by 15% over the past week. These fluctuations illustrate the volatile nature of the crypto market.
US tech stocks saw significant declines, with the Dow Jones dropping by 333.59 points (0.77%), S&P 500 by 1.11%, and Nasdaq by 1.49%. This fall parallels the downturn in cryptocurrencies. Both markets are pressured by a 4,627% treasury yield.