BTC fell -25.54% from its high
ETH fell -53.26% from its high
SOL fell -58.08% from its high
(as of March 11)
The factors that led to the recent decline in the crypto market are summarized:
1. Macroeconomic policies:
Trump's tariff policy
Bitcoin strategic reserve and other policies are not as expected
Russia-Ukraine war continues
2. Market factors:
BlackRock, Fidelity and other Bitcoin ETFs sold 4.56B worth (as of March 7 in the past month)
Celebrity coin retail investors are desensitized, celebrity coins harvest retail investors, narrative collapse
Eric Trump's rat warehouse behavior controls market news and intensifies the harvest of retail investors' confidence
Various types of hacker thefts occur frequently, such as Bybit, Infini, etc., which intensify retail investors' concerns about the security of cryptocurrency
3. US stock market decline crisis (BTC is highly correlated with US stocks)
Nasdaq, down 13.4% in 2025
S&P 500, down 8.6% in 2025
Coinbase (COIN) has fallen 48.64%
MicroStrategy (MSTR) has fallen 55.94%
Robinhood (HOOD) has fallen 46.08%
The above factors have exacerbated the outflow of funds from the market, tightened liquidity, and collapsed confidence, and have already started the bear market cycle that we least want to see! ! !
