#MarketTurbulence hits crypto. As global trade tensions and traditional economic concerns drive a "risk-off" sentiment, crypto markets are experiencing a significant sell-off. Bitcoin has seen a sharp drop, highlighting its increasing correlation with traditional assets like equities. Ethereum and other altcoins are also feeling the heat, with some experiencing heightened volatility.
However, many analysts believe that the long-term fundamentals of crypto remain strong. Factors like institutional adoption, a maturing regulatory environment, and expanding use cases in decentralized finance (DeFi) are still a major part of the conversation. This period of turbulence is seen by some as a test of the market's resilience and a reminder that, while crypto has become more mainstream, it remains a "wait-and-watch" game heavily influenced by global macroeconomic forces.