Crypto Markets Dive: Why Bitcoin, Ethereum, and XRP Prices Are Falling Today

The cryptocurrency market is experiencing a significant pullback today, largely attributed to profit-taking following a recent surge in prices. This price correction is influenced by factors like lower U.S. inflation data, robust Chinese tech earnings reports, and optimism surrounding the U.S.-China trade deal. However, investor caution is returning, fueled by upcoming Producer Price Index figures and the significant $3.1 billion options expiry.