Cryptocurrency Market Correction Extended by Macroeconomic Factors

The cryptocurrency market continues to endure a sustained correction, fueled by macroeconomic uncertainties and regulatory ambiguity. Institutional investors are shifting their asset allocations away from Bitcoin (BTC) towards Ethereum (ETH), potentially impacting the market’s direction. Key macroeconomic data releases like non-farm payroll and unemployment figures will be closely watched as they influence investor sentiment and market expectations.