$BTC Due to issues in the US stock market, the decline in the cryptocurrency market is expected and quite normal. The US stock market hasn't triggered a circuit breaker, but it's almost there! The actions of the Federal Reserve in the coming days are crucial; if they lower interest rates in May, there might still be hope. Otherwise, we may be heading straight into a bear market. Right now, the entire cryptocurrency market is precarious. To be honest, the whales really don't want the market to drop because they can't make money this way! However, if there is a major crash in the US stock market and it triggers a circuit breaker, we may see a repeat of the situation in March 2020. After all, this is a small bull market. But a crash isn't necessarily a bad thing. It might prompt the Federal Reserve to lower interest rates to 0 before QE, and Trump may use this opportunity to delay tariffs and start various exemptions, allowing the cryptocurrency market to soar at that time.
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