The crypto market cap fell by another 0.4% to $3.87 trillion. The market is plunging below the former resistance level, raising speculators’ fears of a possible major correction towards $3.6 trillion. Bitcoin fell to $114.7k, rolling back to levels seen two weeks ago and below the medium-term trend line, which is a 50-day moving average. This dynamic reinforces fears of a deeper correction, which could affect the entire crypto market, potentially triggering a deeper correction to $100K, near the 200-day MA. Ethereum rolled back to $4,200, losing more than 12% from its peak. The second-largest coin by capitalisation ... (full story)