Currently, a correction is observed in the cryptocurrency market, caused by several key factors:
1. Macroeconomic instability: The introduction of new trade tariffs and political uncertainty in the USA have raised concerns among investors, leading to a decrease in appetite for risky assets, including cryptocurrencies.
2. Increased correlation with traditional financial markets: The decline of stock indices, such as Nasdaq and S&P 500, has negatively impacted the digital asset market as investors avoid risky investments.
3. Profit-taking by investors: After a prolonged increase, many investors decided to secure profits, leading to an increase in selling volumes and a decrease in the value of crypto assets.
Regarding the duration of the correction, it is important to note that the cryptocurrency market is highly volatile and subject to many factors. Some experts predict that the correction may last several months, after which a recovery and new market growth may occur. However, the exact timing remains uncertain, and investors should be prepared for further fluctuations.
