#CryptoMarketDip
#CryptoMarketDip Reasons for the sudden market drop 1/07/2025:
1. A sudden increase in the yield of 10-year U.S. Treasury bonds.
2. Strong and unexpected economic data from the U.S., including:
- Strong labor market statistics
- The ISM services index exceeded expectations.
3. Major liquidations in the cryptocurrency market:
Nearly $480 million were liquidated
- Bitcoin fell by 5%.
- Ethereum fell by 8%.
4. Reducing market leverage:
- Losing over a billion dollars in open positions in Bitcoin and Ethereum
5. Investor expectations regarding interest rate cuts by the Federal Reserve in 2025 have changed
6. The price of Bitcoin falls below $98,000
7. Stocks of companies linked to cryptocurrencies will be negatively affected, such as:
- Microstrategy
