The recent crash in the cryptocurrency market isn’t really about problems within the crypto world itself—it’s more about what’s happening in the broader financial markets. When the Nasdaq took a big hit, it created a ripple effect that dragged crypto down with it. Even though the fundamentals of cryptocurrencies haven’t changed, the sharp drop in the Nasdaq shook investor confidence and sparked a sell-off across the board.

As cryptocurrencies become more tied to global markets, they’re increasingly affected by what happens in traditional finance. A major drop in something like the Nasdaq creates panic, and that panic spreads. Investors pull out of both stocks and digital assets, putting heavy selling pressure on crypto. This isn’t about crypto failing—it’s about weathering a storm created by external forces. To get through this, it’s going to take patience and a focus on the bigger picture.