Major Cryptocurrencies Lose Ground

On Friday, the prices of major cryptocurrencies experienced a steep fall, with Bitcoin dropping below the $93,000 mark. This significant decline has captured the attention of investors and market analysts alike.

Bitcoin's Decline: At 7:05 am ET, Bitcoin tanked 5.09%, trading at $92,543. This drop indicates a notable shift in market sentiment and could potentially impact the overall cryptocurrency market.

Ethereum's Slide: Alongside Bitcoin, Ethereum also saw a significant decline, sliding 8.45% and selling at $3,126. This simultaneous drop in both major cryptocurrencies suggests broader market weakness.

More updates to follow as the situation develops.