Bitcoin and Ethereum Prices Drop as Leverage Unwinding Accelerates in Crypto Markets

Bitcoin (BTC) and Ethereum (ETH) have extended their market declines, with analysts pointing to an acceleration in leverage unwinding as a key driver. This sell-off highlights increased volatility and risk in the cryptocurrency sector as traders exit leveraged positions. The broader crypto market faces downward pressure, reflecting ongoing corrections and shifting investor sentiment amid current market conditions. Monitoring these leverage metrics is crucial for understanding short-term price movements in digital assets like BTC and ETH.