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Why Crypto Prices Are Down Today
Crypto markets slipped as profit booking, higher bond yields, and global risk aversion weighed on investor sentiment.
Cryptocurrency prices fell as investors booked profits, tracked rising US bond yields, and stayed cautious ahead of key macro data. Bitcoin and Ethereum slipped as global risk appetite weakened. Traders watched regulatory signals and ETF fund flows, adding short term volatility. Broader equity market weakness and a firmer dollar also weighed on digital assets during early trading sessions across Asian and European markets today globally.