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Bitcoin, Altcins at risk as S & P 500 strikes in the Cross of Death

Bitcoin and other top Altcoini can be at risk because American acts continue their trend.

Bitcoin (Btc) has fallen with all year’s high than $ 109,300 at $ 2025 from $ 77,396.43 10. Marta.

Similarly, Etherum (El) stretched below $ 1,900, while Ripple (XRP) and Cardano (Ada) They fell to 2.1 and $ 0.65, respectively.

Most Altcoins crashed this year, with attention index season in Altcoin, which moves to the 15th. Cripto fear and the greed index fell for a fear of 25 years, while the market cap of all coins fell over $ 1 trillion.

American actions broke this year

The Market Krupto and its top players like BTC, XRP, ETH and Ada can be in danger of diving deeply now that American acteefields are sold. The Blue-Chip S & P 500 index decreased by almost 10% of the highest points this year.

Similarly, the technical index of heavy nasak 100 has switched to $ 19,280, up to 13% from its highest levels this year. The decline over 10% of the local top is a sign that the property moved into the correction.

American actors fell on two main reasons. First, there are signs that the artificial intelligence industry that pushed it into record high begins to slow down.

Most AI actions, including popular names like Nvidia, AMD, Microsoft, Soundhound and C3.ai, has been sharper this year. Nvidia’s Market Cap fell from $ 3.4 trillion earlier this year to $ 3.6 trillion.

Second, reciprocal tariffs And the global trade war has many economists who were worried that the United States could end up in recession.

S & P 500, NASDAK 100 DEAD CROSS

NASDAK 100 and S & P 500 have cross death
NASDAK 100 and S & P 500 have cross death Source: Tradingview

There is a risk that indices S & P 500 and Nasdak 100 will have more missing in the coming weeks. This is because it is shown above, two indices formed the cross of death when the 50-day movement crossed, crossing each other.

The last time the Native Nasak 100 index formed the cross of death was in 2022. years, and during the year he fell by almost 40%.

Historically, crypto and stock market are highly connected because they are categorized as risky assets. In most periods, the cripptocurrency falls when it falls on the stock market. For example, Bitcoin and most Altzoins have had a steeper decline this year as the stock market fell.

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2025-03-30 18:30:00

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