CoinEx Daily: Bitcoin Crashes Below $92K as Ethereum Dips Under $3,000 in Fear-Driven Sell-Off

Daily View

In the past 24 hours, the cryptocurrency market has experienced a sharp downturn, with Bitcoin plunging below $92,000 to a six-month low and Ethereum dropping under $3,000 for the first time in months, erasing significant 2025 gains amid widespread liquidations and profit-taking. This sell-off has been exacerbated by macroeconomic headwinds, including the Federal Reserve's hawkish signals on persistent inflation, reduced expectations for near-term rate cuts, and broader liquidity concerns tied to global economic uncertainty.