Bitcoin Falls 3.5% While Ethereum Drops 7% as Traders Book Profits After Record Highs

Major cryptocurrencies retreated after recent highs, with Bitcoin’s market capitalization declining over 3.5% in a single session to ₹1.81 crore lakh and Ethereum tumbling 7.1%. The pullback followed increased profit-taking and a stronger U.S. dollar, which pressured risk assets globally. Analysts cited short-term correction after an extended rally, though longer-term fundamentals remain intact. On-chain data showed continued network activity growth despite short-term selling pressure. Market participants expect consolidation before renewed upside momentum as macroeconomic clarity improves.