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CoinDesk 20 Index: 3,108.77 -9.55%

Bitcoin (BTC): $92,029.63 -6.72%

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Ether (ETH): $3,319.02 -4.95%

S&P 500: 5,987.37 +0.3%

Gold: $2,632.36 +0.57%

Nikkei 225: 38,442.00 -0.87%

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A bitcoin-led crypto market correction entered a third day as the asset lost a further 6% in the past 24 hours, falling below $93,000. BTC has pared weekly gains from over 10% to just less than 1% amid profit-taking on the expected pullback. Major tokens have followed the tumble, with Solana’s SOL, BNB, Cardano’s ADA and DOGE falling as much as 7% in the past 24 hours. The broad-based CoinDesk 20 (CD20), a liquid index tracking the biggest tokens by market capitalization, minus stablecoins, is down nearly 3%. Analysts view a correction of as much as 10% from the peak as perfectly natural while m

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Author: Jamie Crawley, Omkar Godbole

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