The crypto market has entered another sharp correction, with nearly every major coin trading deep in the red. Bitcoin’s retreat below $114K has rattled investors, while Ethereum and leading altcoins face double-digit weekly losses. High trading volumes show that liquidation pressure is still intense, reflecting a fragile market environment.

Total crypto market cap in USD - TradingView
Based on the latest market data (see chart):

Top cryptos by market cap - coinmarketcap
Stablecoins such as $USDT and $USDC remain anchored near $1, but high trading volumes show that capital is rotating out of risk assets and into safe havens.
The market downturn comes amid a mix of macroeconomic and crypto-specific pressures:
The market remains on shaky ground as Bitcoin struggles to stabilize above $113K. If the sell-off deepens, key levels to watch are $110K for BTC, $4,000 for ETH, and $0.80 for ADA. A rebound is possible if buyers step in at these support levels, but sentiment remains fragile.
Short-term volatility is expected to stay elevated, with macroeconomic data and global monetary policy continuing to dictate the pace of the next move.


Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday. The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction. “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more
