so, imagine you have a bunch of candies, and you decided to trade them with your friends, but now you have fewer candies than before, and you want to figure out why. Well, this article is talking about how the value of some special candies (called Bitcoin, Ethereum, and Dogecoin) has gone down, just like the blue candies we talked about before. And they are trying to figure out why it happened, by looking at how many candies people said they wanted to buy and sell. Read from source...

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Main themes: Crypto dips in sync with tech stocks; Market Reaction to Powell's Comments; Martinez & Santiment provide technical analysis of Bitcoin & Ethereum.
The article discusses the recent decline in the prices of Bitcoin, Ethereum, and Dogecoin, which dipped in tandem with a drop in technology stocks. The market dip followed the 2.9% decline in the shares of AI giant, NVIDIA Corp. And Bitcoin trended downward throughout the day, briefly dipping below $63,000 overnight. Analyst Ali Martinez noted that if Bitcoin's support at $63,500 holds, the cryptocurrency could bounce back to $64,200 or even $64,800. On the contrary, if support breaks, a drop to $62,800 might be on the horizon. The total cryptocurrency liquidations hit $107.46 million in the last 24 hours, with long liquidations accounting for 83% of the total. The total long volume for Bitcoin surged 60% in the last 24 hours, while short volume declined by 69%. The Cryptocurrency Fear & Greed Index went from "Greed" to "Neutral," reflecting a marked change in sentiment following the pullback.