Cryptocurrency Market Extends Losses as Bitcoin Nears US$103K

The global crypto market continued to slide today, with major tokens weakening amid macro-headwinds. Bitcoin approached the US$103,000 mark, down around 3% as the dollar strengthened and risk appetite faded. Ethereum also fell sharply after a hack hit a DeFi protocol on its network, while broader market sentiment entered a “fear” zone. Analysts say prolonged stagnation in crypto could erode investor conviction, especially if key support around US$100K breaks.