In this fantastic year of 2025, the virtual currency market is like an unpredictable "capricious player", giving everyone an exciting "heart-pounding journey" from time to time. Recently, a new round of "crazy performances" has begun.
Let's first talk about Trump's operation, which is like a "blockbuster bomb" dropped on the virtual currency market. The TRUMP coin he issued was like a chicken blood shot when it was launched. It soared by more than 15,000% in 12 hours, directly soaring to 30 US dollars, and the peak exceeded 80 US dollars. The market value soared to 32 billion US dollars, leaving many old tokens far behind. This speed is like riding a rocket. But who would have thought that this carnival did not last long. As soon as the first lady Melania's coin was launched, the TRUMP coin was like a balloon that was punctured, and the price plummeted by 60%. Bitcoin and other mainstream currencies also "suffered" and pulled back synchronously. The plot reversal was faster than a TV series, making investors say "the heart can't stand it."
Looking back at that day, February 3rd, the global virtual currency market seemed to go 'crazy' collectively. Bitcoin's price fell below $100,000 per coin, with a maximum intraday drop of 4.4%. Ethereum couldn't withstand it either, dropping below $3,200 per coin. Dogecoin and Ripple were even more exaggerated, with declines exceeding 10%. This crash caused over 700,000 people to be liquidated, with a total liquidation amount of about $2.04 billion. Many investors' money just vanished like that, truly a situation where they want to cry but have no tears.
Why is the virtual currency market so 'crazy'? Trump's tariff policy is like an invisible hand, stirring up anxiety in the market. Investors are selling off risk assets and turning to safe-haven assets like the dollar and gold, naturally neglecting virtual currencies. Moreover, regulatory policies have been unstable, shifting back and forth, leaving investors feeling uncertain and forcing them to withdraw their funds. Additionally, the virtual currency market is inherently speculative, and investor sentiment can change rapidly, like the weather in June. A single message on social media can trigger large-scale trading, making it unsurprising that the market is volatile. Furthermore, those investors who have set stop-loss limits will automatically sell once the price is reached, further pushing the price down, making it difficult for the market not to 'fall apart'.
However, some industry insiders are more optimistic. They believe that in the long run, strengthening regulation may help the virtual currency market get back on track, becoming more standardized and transparent. As the well-known blockchain expert Li Ming said: "Once the regulation is clear, it can attract more compliant participants, reduce market manipulation and fraud, and perhaps virtual currencies can truly integrate into the mainstream financial system in the future."
But regardless, the high volatility and uncertainty of the virtual currency market still make it full of risks. When investors rush in, they need to be cautious and not be blinded by temporary ups and downs, otherwise, they may accidentally become the 'victims' of this crazy game.
#币安上线KAITO #Hashdex获准在巴西推出XRPETF $BTC
