#Bitcoin and Ethereum prices are down.#

Recently, Bitcoin and Ethereum prices have fallen, primarily due to macroeconomic data that has sparked concerns about long-term inflation. Presto Research analyst Min Jung pointed out that markets, including stocks, have been performing poorly due to persistent inflation concerns, and not just cryptocurrencies, but also the Nasdaq and S&P 500 have seen declines. ISM data showed that the US economy grew faster than expected, exacerbating concerns about persistent inflation, leading to a surge in bond yields, with the 10-year Treasury yield reaching its highest level since April. Rachael Lucas, a cryptocurrency analyst at BTC Markets, pointed out that the latest US economic data has led traders to expect the Fed to maintain higher interest rates for longer. Markets were previously unsettled by Fed Chair Powell's comments in December, which indicated the Fed's steadfast stance on monetary policy and dampened hopes for further rate cuts, thereby intensifying volatility. Looking ahead, President Trump's inauguration on January 20 is expected to trigger market volatility as investors anticipate policy shifts.