$BTC alert đ¨ {2021VS2025} bear market starting point Now_
The cryptocurrency market is currently experiencing a downturn, with major assets like Bitcoin (BTC) and Ethereum (ETH) witnessing notable declines. As of today, Bitcoin has fallen by over 5% in the past 24 hours, dropping below $82,000.
This decline is largely attributed to recent policy announcements from President Donald Trump. The White House Crypto Summit concluded without introducing supportive policies, leading to investor disappointment. Specifically, the establishment of a federal Bitcoin strategic reserve, which will include only assets seized through legal actions without new government purchases, has negatively impacted market sentiment.
The ripple effects of these developments have also impacted cryptocurrency-related companies. For instance, Coinbase shares dropped by 10% to $197.61, marking a 20% decrease for the year. This decline follows the White House Crypto Summit, where no new supportive policies were introduced, disappointing investors.
Additionally, Strategy Inc. (formerly MicroStrategy) has faced challenges due to its significant Bitcoin investments. The company spent $21.2 billion on Bitcoin purchases since November 10, but the value of these holdings has decreased to approximately $17.3 billion amid the recent market downturn.
