Crypto Alert! 📉 Why did the cryptocurrency market crash yesterday?
June 12, 2025, was a bearish day for the cryptocurrency world, and Bitcoin was no exception, dragging much of the ecosystem down with it. What happened? Here we summarize it for you:
* Inflation in the U.S. hits confidence: The inflation data in the United States generated caution in global markets, leading investors to be more conservative and sell risk assets.
* Global fear and profit-taking: Uncertainty spread across European markets and Wall Street, infecting the crypto market and causing a wave of massive sell-offs.
* Bitcoin distances itself from its peak: The leading cryptocurrency fell below important support levels, amplifying the correction across the market.
* Geopolitical tensions: Reports about sanctions and trade differences, along with news of attacks (Israel-Iran), also added volatility and led some to seek refuge in assets like gold and Bitcoin itself during moments of instability.
* SEC movements: The withdrawal of crypto-related rule proposals by the U.S. SEC added another layer of uncertainty.
In summary, it was a combination of economic, geopolitical, and crypto-specific factors that drove this decline. The crypto market continues to demonstrate its volatility!
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