币界网报道:The cryptocurrency market is experiencing a downturn today, with Bitcoin dropping below $40,000 and Ethereum falling under $2,200. Analysts attribute the decline to several factors, including profit-taking after recent gains, concerns over potential delays in U.S. spot Bitcoin ETF approvals, and broader macroeconomic uncertainty. The crypto market's correlation with traditional markets has also played a role, as investors remain cautious ahead of key economic data releases. Additionally, some altcoins are seeing steeper losses due to reduced liquidity and risk-off sentiment. While short-term volatility persists, many market participants maintain a bullish long-term outlook, citing upcoming Bitcoin halving and institutional adoption as potential catalysts for recovery. The current pullback is viewed by some as a healthy correction following the market's strong rally in recent weeks.