In the US market, risk-off sentiment spread, causing major cryptocurrency prices to fall across the board. On July 7 (U.S. time), Bitcoin and other major cryptocurrencies remained under pressure intraday, and the New York Stock Exchange closed mixed as most indices, excluding technology shares, fell. As of 7 a.m. Korea time on the 8th, Bitcoin traded around the low $91,000s, down about 2% from the previous day, according to Coinbase data. Ethereum hovered around the $3,100 level, down roughly 4%, and XRP also fell by more than 4%, joining the downturn.
Major altcoins such as Solana and Binance Coin (BNB) also declined in the 2% to 4% range. The weakness in digital assets mirrored a broader retreat in risk assets. XRP surged, and Bitcoin, Ethereum, and Solana were also on the rise.
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