Crypto Market Plunges: Bitcoin and Ethereum Hit New Lows as Top 15 Coins Slide

The cryptocurrency market experienced another wave of selling pressure today, with major cryptocurrencies extending their weekly declines. As of writing, Bitcoin dropped below $104,000 for the first time in a while, falling to $103,926 and marking a new local low. Ethereum followed suit, tumbling by 9.02% to $3,695, its lowest point since the start of the year. This downward trend is attributed to broader risk-off sentiment within the market.