What is moving the market
The overall market sentiment is slightly bearish, with an average sentiment score of -0.13. News highlights include significant price drops for Bitcoin and Ethereum, alongside developments like the first Bitcoin-backed mortgage and the growing role of AI in crypto.
Biggest risk
The market is experiencing significant volatility, with Bitcoin and Ethereum facing sharp declines, marking their worst weekly performance since the FTX collapse. Despite the broad sell-off, specific developments like the first Bitcoin-backed mortgage indicate increasing adoption in traditional finance. The downturn is influenced by macroeconomic factors and news surrounding major players. Bitcoin is testing critical support levels after a market-wide selloff, and its price has been under bearis
