In the last 24 hours, Bitcoin (BTC) and Ethereum (ETH) experienced significant declines, with BTC falling to its lowest level in nearly 3 months. Ethereum's decline is particularly concerning as it is approaching a death cross, a technical pattern indicating major weakness. Other altcoins, such as Solana (SOL), XRP, BNB, and AVAX, also experienced notable decreases in value. The decline is attributed to Nasdaq futures indicating ongoing losses in technology stocks and the strengthening of the Japanese yen, which creates fears of risk aversion. Analysts also note that US President Donald Trump's statements on trade policies further increased uncertainty in the market and contributed to the drop in cryptocurrency prices.



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