$ETH

ETHUSDT

Perp

2,003.3

0.00%

, $SOL

SOLUSDT

Perp

82.19

-0.06%

, $XRP

XRPUSDT

Perp

1.3362

+0.06%

continues to decrease as the wave of AI concerns destabilizes the risk market

Major cryptocurrencies have dropped 8-11% in the past week, with Bitcoin stuck in a gradual decline around 62,900 USD and confined to a trading range of 60,000-70,000 USD.

Altcoins are underperforming Bitcoin as selling pressure reaches a five-year high, while the wave of "AI concerns" in the stock market is negatively impacting the crypto market.