$BTC The hidden reasons behind the big decline!

To my dear followers,

The cryptocurrency market, especially Bitcoin, witnessed a significant decline on November 26, 2024. Here are the main reasons that led to this decline:

1. Rising global bond yields: This reduced liquidity directed to investment in risky assets such as cryptocurrencies.

2. Weak US economic data: Slowing job growth in the United States reduced expectations of interest rate cuts, which negatively affected investor sentiment.

3. Heavy selling by major investors: Massive selling by "whales" caused additional pressure on prices and triggered a large liquidation wave.

4. Chinese influence: The weakness of the Chinese yuan affected investor sentiment globally, increasing pressure on the cryptocurrency market.

5. Natural market correction: After the recent rises, the market witnessed a corrective movement to take profits, which is common in the markets.

Despite these declines, the cryptocurrency market remains volatile and requires constant monitoring. Remember that good planning and risk management are the keys to success in this field.

Best wishes!