The cryptocurrency market has experienced a crash due to the following reasons:

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1. The ongoing conflict between Iran and Israel.

2. Widespread market declines driven by fears of a global recession in 2025.

3. Genesis Global moved $1.5 billion worth of Bitcoin and Ethereum to repay creditors following its bankruptcy. This transfer involved over 16,000 BTC and 166,000 ETH, leading to a 2.2% drop in Bitcoin's price.

Please donโ€™t worry too much. For now, avoid making future trades and focus on spot buying Ethereum and Bitcoin. Youโ€™ve already been informed about Bitcoinโ€™s price action, which indicated a rejection at resistance. Best of luck!