agreed 💯

Today, it became clear that the cryptocurrency market requires stricter regulations to protect investors. The sudden and steep decline in Bitcoin's price caused significant financial losses for countless individuals who had invested their hard-earned money. Such volatility raises serious questions about market stability and the broader impact of Bitcoin’s dominance over the crypto ecosystem.

Despite being a decentralized asset, Bitcoin's price movements often dictate the trajectory of other tokens, even those on entirely separate blockchains. This correlation underscores the lack of true independence in the crypto space, leaving smaller assets vulnerable to Bitcoin’s fluctuations. Speculative trading, market manipulation, and over-leveraged positions exacerbate these issues, causing widespread liquidations during abrupt market corrections. This should prompt policymakers to assess whether additional safeguards, or even direct interventions, are necessary to prevent these events. The U.S. government needs to investigate why Bitcoin, a single digital asset, has such overwhelming influence on an ecosystem meant to thrive on decentralization. These issues highlight the need for tighter oversight to protect retail investors and ensure market fairness.

#MarketCorrection #Over570KLiquidations #dropped