Celestia Dives 5.3% Amid Macro Pressure

Celestia (TIA) has experienced a 5.3% drop in value over the past 24 hours, but this decline is largely attributed to macro-driven market pressure and profit-taking after its recent rally.

The crypto market as a whole has turned more cautious, with stronger-than-expected US jobs data pushing the 10-year Treasury yield near 4.8% and increasing the likelihood of a Fed rate hike at the upcoming meeting.

This risk-off environment is typical for speculative assets like mid-cap alts, which tend to move more than major cryptocurrencies on the way down.