Forexlive Analyst: Cryptocurrency selling pressure appears, beware of spreading to broader risk trades

Odaily Planet Daily News: BTC fell within the day, and Adam Button, an analyst at the financial website Forexlive, said: This is now an emotion-driven market, and BTC has always been a good forerunner of market sentiment, so it has been closely followed. However, BTC fell by 1,000 US dollars today. Ethereum also fell by 3%, giving back all the gains from yesterday, and its performance since the launch of the US Spot ETF has been a disaster. In view of these trends, caution will be exercised in the Nasdaq index and broader risk trades.

BTC0.94%
ETH2.08%
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