#MarketDownturn A downturn in the cryptocurrency market means a prolonged phase of declining prices in a significant part of the crypto asset landscape. This is not just a minor decrease, but a more pronounced and sustained downward trend that can last for weeks, months, or even longer. A common benchmark for a significant downturn is a price drop of 20% or more from recent highs. In traditional finance, this is often referred to as a bear market, and this term is increasingly being applied to the crypto world.

Several interconnected factors can lead to a downturn.