KEY SUMMARY OF CRYPTOCURRENCY BULLDOWN IN 2025
Cryptocurrencies are facing a bear market in 2025 due to a combination of economic and technical factors. Here are some of the main reasons:
Selling Pressure: Bitcoin, for example, is facing significant selling pressure after breaking through a key resistance level.
Macroeconomic Conditions: Changes in macroeconomic conditions, such as the sudden spike in US Treasury yields, have negatively impacted the cryptocurrency market.
Profit Taking: Many investors are taking profits after a period of significant bullishness, which is contributing to the price drop.