Cryptocurrency markets experienced a pullback recently, with Bitcoin dropping to $101,500 as investors locked in profits following recent gains. Major altcoins like Ethereum, XRP, Solana, and Dogecoin also witnessed declines, with Ethereum down by 3% and the others around 5%. Analysts describe this market activity as a 'healthy correction' in a broader upward trend, pointing to strong Bitcoin ETF inflows and its close correlation with the S&P 500. The pullback coincided with a cooling risk appetite in the stock market due to expected reductions in Federal Reserve rate cuts in 2025. Despite the current decrease, market experts believe that Bitcoin's $100k level will serve as critical support for a long accumulation phase. They caution that ongoing global economic uncertainties and high interest rates may hinder crypto's upside potential going forward.

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