Crypto Market Downturn Sparks Concerns About End of Bull Run

Bitcoin and most altcoins experienced a significant downturn on Friday, erasing gains from earlier in the week. Bitcoin’s price fell to $107,300, representing a 4.12% drop from its peak this week, while Ethereum (ETH) dropped over 8%, leaving its market cap at $1.19 trillion – down from this week’s high of $1.28 trillion. This downturn follows a broader sell-off in the stock market where futures tied to the Dow Jones, S&P 500, and Nasdaq 100 fell over 1%. The market pullback coincided with renewed trade concerns that have been plaguing the financial landscape.