🔥 🚨 Reasons for the Collapse of the Cryptocurrency Market – February 24, 2025 🚨 🔥

The crypto market experienced a sharp decline 📉 on February 24, 2025, affected by several key factors that caused panic among investors 😱 and billions in losses 💸! Here are the main reasons:

💥 1. Bybit Platform Hack – Losses of $1.5 Billion!

🔹 Bybit suffered a major cyber attack 🎭, leading to the theft of $1.5 billion from user funds 💰.

🔹 Panic spread among investors, prompting them to withdraw over $5.5 billion from the market! 🚨💥

🐶 2. Collapse of Meme Coins – Huge Losses!

🔹 Meme coins like DOGE, PEPE, and SHIBA saw massive declines 📉 due to random speculation and increasing fraud.

🔹 Loss of confidence in these coins led to liquidity withdrawal from the market, increasing selling pressure! 🚫💔

⚖️ 3. Strict Regulatory Decisions – A Heavy Blow to the Market!

🔹 Some countries announced tight restrictions on cryptocurrencies, increasing uncertainty 😬.

🔹 In the United States 🇺🇸, the issuance of Central Bank Digital Currencies (CBDCs) was banned, raising concerns about the future of the market! 🚧⚠️

📢 Conclusion:

🔴 Massive hack + Collapse of meme coins + Regulatory decisions = Market crash! 🔥