btc_marketpanic_dip

Bitcoin plummets to $52K, and Ether turns negative for 2024 amid a major market selloff. Over the weekend, BTC dropped 12%, with a 20% weekly decline, while ETH fell 21% in a day, wiping out its year-to-date gains. The selloff was triggered by the Bank of Japan's rate hike and broader market turmoil, including a sharp drop in the Nikkei and U.S. market declines. Investors are now expecting a rate cut from the Fed in September. What are your thoughts on the market's future? 📉💬