Crypto Market Plunges: Bitcoin Dips to $89,329, Ethereum Down 6.6%

• The crypto market experienced a 3.8% plunge, with Bitcoin falling 3.22% to $89,329 and Ethereum dropping 6.64%.
• Nearly $1 billion in leveraged positions were liquidated in 24 hours, with Bitcoin and Ethereum accounting for $830 million.
• US regulatory worries, rising tensions over Greenland, and US President Donald Trump’s tariff threats contributed to the market downturn.
• Major altcoins like BNB, XRP, Solana, Tron, Dogecoin, and Cardano also saw significant declines.
• Experts suggest a cautious approach, focusing on selective accumulation and evaluating entry points amid global economic uncertainty.

Why It Matters: Crypto market faces significant downturn due to macro headwinds, geopolitical tensions, and regulatory concerns.