Cryptocurrencies Continue to Fall, Suffering Heavy Losses

Cryptocurrencies continued their decline this week, recording significant losses. This included Bitcoin, which saw a drop of over 5.5%, reaching levels around $65,695.

Negative news continues to impact Bitcoin's price, potentially pushing it down again to near $60,000.

However, some corrections are expected if Bitcoin rises and closes above $72,500. This level represents a crucial point that could propel the cryptocurrency upwards in the medium term, attempting to recover some of its losses.

Ethereum also experienced a decline of over 1.2% this week, while Ripple fell by more than 1.6%.

The cryptocurrency market remains tense and uncertain for investors. Therefore, it is advisable to reduce trading risk and adhere to strong money management practices until robust financial flows return.