Cryptom market in a decline: BTC falls below $ 117,000 and ETH below $ 3,000 - analysts still see potential for relaxation

Cryptom market in a decline: BTC falls below $ 117,000 and ETH below $ 3,000 - analysts still see potential for relaxation

market analysis: decline in the cryptom market and perspectives for a possible rally

The crypto market today recorded a significant decline. The best known cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), have been significantly fallen. Bitcoin slipped among the brand of 117,000 USD, while Ethereum is below the 3,000 USD mark. Despite this decline, analysts express the opinion that there is definitely room for a possible continuation of the rally.

The current market movements have caused many investors and market observers, but experts believe that the fundamental factors could still speak for a positive development. Different indicators and analyzes indicate that upward movements could be set up again in the near future.

It remains to be seen whether the market forces are able to reverse the current downward trend and to gain fresh capital. The cryptocurrency scene remains dynamic and the developments are still being followed. Investors should observe the situation carefully and react to possible trends.