Bitcoin don drop under $100K as XRP and Dogecoin hit multi-week low for di market sell-off
Bitcoin don fall below $100,000 mark for di first time in three weeks, e drop 4.5% because people dey take profit, regulatory wahala and still dey face geopolitical tension. Ethereum sef sharply fall, e drop over 10% reach $2,196, while XRP come tumble to two-month low and Dogecoin drop to $0.07. Di overall crypto market lose about $150 billion market cap, plus over $636 million worth leveraged positions don liquidate. Trading volume drop by 20%, show say investor confidence low. Traders dey watch if Bitcoin fit hold di $100,000 support level; if e break for long time, e fit make am fall further, but some people see di pullback as better chance to buy before possible macro catalysts.
Bearish
Di sharp sell-off for Bitcoin wey fall under di key $100,000 level, together with big losses for Ethereum, XRP and Dogecoin, dey show strong bearish momentum for di crypto market. Di liquidation of over $636 million leveraged positions and 20% drop for trading volumes still confirm say people dey risk-off. For short term, Bitcoin dey face critical support wey if e break fit make di decline fast. For long term, di pullback fit give better buying chance, but na only if macro catalysts show and market confidence return.