🔥 🚨 The reason for the collapse of the digital currency market - February 24, 2025 🚨 🔥
The crypto market witnessed a sharp decline 📉 on February 24, 2025, affected by several major factors that caused investors to panic 😱 and lose billions 💸! Here are the most important reasons:
💥 1. Bybit platform hack - $ 1.5 billion in losses!
🔹 Bybit was subjected to a major cyber attack 🎭, which resulted in the theft of $ 1.5 billion in user funds 💰.
🔹 A state of panic spread among investors, prompting them to withdraw more than $ 5.5 billion from the market! 🚨💥
🐶 2. Meme Coins collapse - huge losses!
🔹 Meme coins like DOGE, PEPE, and SHIBA have seen massive declines 📉 due to random speculation and increasing scams.
🔹 The loss of confidence in these coins has led to the withdrawal of liquidity from the market, which has increased the selling pressure! 🚫💔
⚖️ 3. Strict regulatory decisions - a huge blow to the market!
🔹 Some countries have announced severe restrictions on cryptocurrencies, which has increased uncertainty 😬.
🔹 In the United States 🇺🇸, the issuance of central bank digital currencies (CBDCs) has been banned, raising concerns about the future of the market! 🚧⚠️
📢 Conclusion:
🔴 Massive hack + meme coin collapse + regulatory decisions = market collapse! 🔥
📊 Do you expect the market to recover soon or will the collapse continue? 🤔💭 Share your opinion with us! 👇🔥