By Omkar Godbole (All times ET unless indicated otherwise)

Over the past 24 hours, the crypto market has experienced notable weakness, consistent with the bearish post-Fed pricing in options and resilience in the dollar index.

Bitcoin (BTC) fell 2.6% to $112,700, while ether (ETH) slid more than 6%, CoinDesk data show. Broad market sentiment, seen in the CoinDesk 20 Index, dropped nearly 8% and the CoinDesk 80 Index lost 7.5%, underscoring widespread weakness.

U.S. crypto equities also showed pressure in pre-market trading. Bitcoin investor Strategy (MSTR) and digital asset exchange Coinbase Global (COIN) both lost 2.8% while futures tracking the benchmark S&P 500 dipped just 0.2%.

Some analysts framed the pullback as a healthy correction that helps clear excessive leverage from the ma

See Full Page