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3h agoBitcoin 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.
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3h agoBitcoin 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.
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Bitcoin Falls 3.5% While Ethereum Drops 7% as Traders Book Profits After Record Highs
about 4 hours ago
1 min read
76 words
Bitcoin’s market cap dropped over 3.5% and Ethereum fell 7.1% as traders booked profits, though on-chain activity suggests underlying strength and long-term optimism remains.
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.
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.
Tags:
Bitcoin
Ethereum
Bitcoin
Ethereum
crypto
markets
blockchain
Nov 5, 2025 • 06:27 IST
