PiCK
[Market Update] Bitcoin falls below $110,000…Ethereum down 9% from previous day
Uk Jin
Summary
- Bitcoin (BTC) is reported to be trading at $109,500, down 3.04% from the previous day.
- Ethereum (ETH) is currently trading at $4,356 after plummeting 9.39% from the previous day.
- A downward trend is observed across major cryptocurrencies such as XRP, Solana, and Dogecoin.

The decline in Bitcoin (BTC) and Ethereum (ETH) is intensifying.
As of 6:22 AM (KST) on the 8th, Bitcoin is trading at $109,500 on CoinMarketCap, down 3.04% from the previous day.
Ethereum's weakness is even more pronounced. At the same time, Ethereum is trading at $4,356, plummeting 9.39% from the previous day. In addition, all major cryptocurrencies such as XRP (-6.22%), Solana (-8.60%), and Dogecoin (-11%) are experiencing sharp drops.

Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.





![[Analysis] “Bitcoin at risk of a fifth straight monthly decline…worst bear market since 2018”](https://media.bloomingbit.io/PROD/news/4842663d-6c96-44c4-a3d3-63aa6686644a.webp?w=250)