Bitcoin’s sharp 39.3% drop and Ethereum’s extended five-month decline reflect a broader downturn in the crypto market, according to Coinglass data.
Bitcoin has fallen 39.3% over the past four months, from a record high of $126,000 to $76,500, marking a significant correction in the market. Ethereum has also faced consistent losses, with a five-month downturn, adding to the ongoing struggles of both assets as the broader market continues its downward trend.