From political maneuvers to massive hacks, which is why Bitcoin takes on the carrier.
Bitcoin, a poster child of cryptocurrencies, plunged sharply, dropping about $ 80,000 at the time of writing – at the time of writing, in which he did not survive for more than three months. This decline forced investors and enthusiasts to scratch their heads, wondering what a sudden decline. Let’s look at chaos.
Political fraud: tariffs and broken promises
First, the political arena. President Donald Trump recently announced a 25% tariff for imports from Mexico and Canada, with additional 10% for Chinese goods, which were supposed to occur on March 4. This step scared investors, which led to a sale, sensitive to risks of assets, including bitcoin. Cryptocurrency fell by more than 5%, hitting minimums that have not been seen since November.
Like, if you do not sell #Bitcoin pic.twitter.com/jiebr0ed5p
– Vivek⚡ (@vivek4real_) February 25, 2025
But that’s not all. Many in the crypto community had high hopes that the Trump administration would deploy a red carpet for digital assets, especially after the pre-election promises offered a crypto-friendly position. Instead, the deployment of Praprito policy was slower than a snail on a salt trail, which led to disappointment, and, as you already guessed, the instability of the market.
Bybit Breach: Awakening of 1.5 billion US dollars
It was as if political drama was not enough, Crypto -Mir was shocked by a tremendous safety violation. Hackers fought with a stunning broadcast in the amount of 1.5 billion dollars from the BYBIT exchange, noting one of the largest robberies in the history of Crypto. This incident caused concerns about the safety of digital assets platforms, which prompted many investors to press the panic button.
Fear and greed: emotional American slides
The arrangement of investors plays a huge role in wild fluctuations in the crypto -market. The cryptocurrency index of fear and greed, which measures the emotional feelings of investors, reached 25, plunging into the territory of “extreme fear”. This is the lowest since September 2024, which indicates that investors are more nervous than a cat in a room full of swinging chairs.
MEBE MOIN MAWEMEEM
By adding fuel to the fire, the recent hobby of memes with memes led to significant losses. High launches, including those that are advancing by politicians, such as President Trump and President of Argentina Javier Miley, saw their values sharply fell, as a result of which investors held the bag. This Meme Coin mania not only leaked wallets, but also destroyed confidence in a wider crypto -ecosystem.
It’s not just bitcoin – altcoins are not safe
While bitcoin captures headlines, other cryptocurrencies also feel warm. Over the past month, Ethereum saw how its price fell by 23%, partly from the BYBIT hacking. Solan, another popular token, scored 42% for the same period. The total market capitalization of cryptocurrencies was reduced by more than $ 800 billion, which is a clear sign that the entire digital asset market fell into a downward spiral.
Bitcoin is preparing to return?
There are reasons to remain carefully optimistic. The signals on the chain suggest that we could be at the beginning to the middle of the stages of the bull cycle. Bitcoin’s dominance has grown to 62%, which indicates that, although Altcoins suffer, the leading cryptocurrency can be ready to return. However, with the current climate of fear and uncertainty, no one will guess when the market stabilizes.
#Bitcoin drops below $ 90,000 🚨
As promised, I want to change the life and send 1 $ BTC (~ 88,000 dollars) to one person by tomorrow.
Just like a retweet and commentary “Ready”. Random winner in 15 hours pic.twitter.com/qy3aegatwm
– Elon Musk (parody) (@Lonmuskmmmm) on February 26, 2025
The recent Bitcoin accident is the perfect storm of political maneuvers, security disorders and investors’ shocks. Although the crypto -market has always been skiing on the American slides, these events emphasize the importance of maintaining informed and caution. As always in the world of crypto, expect unexpected.
