$ETH $BTC $SOL
Yes, the cryptocurrency market has indeed entered a bear market recently. By definition, when the price of an asset drops more than 20% from its recent high, it is considered to be in a bear market. Bitcoin has fallen more than 20% since its historical high of $109,350 set in January 2025, and is currently priced at about $79,390. Ethereum (ETH) has also seen a significant drop from its recent high, with the current price around $2,115.7. Other major cryptocurrencies like BNB, Cardano (ADA), and Solana (SOL) have also experienced similar downward trends.
The main reasons for this bear market include:
• Policy impact: The cryptocurrency-friendly policies of U.S. President Trump have not been implemented as expected, leading to unmet market expectations.
• Market scandals: Recent scandals in the cryptocurrency field have affected investor confidence.
• Hacker attacks: Major hacking incidents have led to capital outflow, further exacerbating the market decline.
Investors should approach the current market volatility with caution, manage risks properly, and avoid blindly following trends.
