#BEAMX Today, May 19, 2025, the cryptocurrency market is showing a significant decline, and here are the main reasons for this:

Main reasons for the decline of the cryptocurrency market

1. Profit-taking after the rise

After the recent rise of Bitcoin to over $106,500, investors began to take profits, causing the price to drop to approximately $103,000.

2. Awaiting macroeconomic data

The market is waiting for new inflation data from the U.S., which is causing caution among investors.

3. Regulatory news

A vote in the U.S. Senate on a stablecoin regulation bill is expected, adding uncertainty to the market.

4. Cybersecurity

Coinbase reported a cyberattack that could lead to losses of $180 to $400 million, negatively impacting trust in cryptocurrency exchanges.

5. Global economic factors

Uncertainty in the global economy, including trade tensions between the U.S. and China, is contributing to a decrease in risk appetite among investors.