Attention, crypto enthusiasts! 🚀🔍
The cryptocurrency market is undergoing a phase of high volatility. Bitcoin (BTC) has fallen below $80,000, reaching lows not seen since November 2024. This downward trend is attributed to several factors:
Global economic uncertainty: The recent imposition of tariffs by U.S. President Donald Trump has raised fears of a trade war, negatively affecting financial markets and the crypto sector.
Significant cyberattacks: A $1.5 billion hack of the Bybit exchange, allegedly carried out by North Korea's Lazarus group, has undermined investor confidence in the security of cryptocurrency platforms.
Mass sell-offs by large investors: "Whales" have liquidated significant positions, intensifying selling pressure and contributing to the price drop.
Despite this outlook, these corrections could be healthy for the market in the long term, allowing for a consolidation before future rebounds.
Do you agree?🤔
Follow me to stay informed and trade cautiously. 📉💡
