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Encryption Shockwave: $BTC and $ETH experience a big dump amidst market uncertainty 😱💥
Today,2025年May 31、crypto市场出现了显此下跌,包括$BTC 和$ETH TH跌跌 关键心理水平。 这一突然的下滑让交易员和投资者感到紧张。 😬📉
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🔻 What happened?
$BTC BTC fell below $104,000, decreasing by 1.07% in the past 24 hours.
ETH fell below $2,500, recording a 4.16% decline during the same period.
(Source)
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⚠️ Possible reasons for the fall:
Profit-taking: After reaching recent highs like $110K for $BTC, traders may be cashing in profits.
Regulatory uncertainty: The GENIUS stablecoin bill introduced by the United States has raised concerns.
Policy rebound: New York City auditor rejects Bitcoin-backed municipal bonds, dampening institutional sentiment.
(More content)
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📊 Current market snapshot:
💸 $BTC: about $103,976
💸 $ETH: approximately $2,488