The cryptocurrency market is experiencing a significant pullback, with Bitcoin and major altcoins facing sharp declines. This comes amidst a broader stock market sell-off and mounting investor uncertainty. The total crypto market cap has dropped by 5.2%, reaching $3.42 trillion. Bitcoin, which had approached its all-time high, is down 5.1% over the past 24 hours. The drop in Bitcoin price is a response to the broader market sell-off, highlighting the sensitivity of crypto assets to macroeconomic forces. Altcoins such as Solana, Ripple, and Ethereum have also suffered losses. The sell-off in the tech sector, driven by concerns over competition from new players like DeepSeek, is contributing to the downturn in the crypto market. The growing uncertainty surrounding the U.S. Federal Reserve's monetary policy is another factor impacting the market. Investors are closely watching the Fed's upcoming meeting for clues about future interest rate moves. Despite the short-term bearish trend, many remain optimistic about the long-term prospects for cryptocurrencies.



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