Market Update

Why do bitcoin prices decrease, Ethereum, Solana & XRP?

A decrease in the other encryption market occurs, as the price of bitcoin decreased to less than the level of support of $ 95,000, and ALTCOINS with the ethereum and Solana and the XRP price with it. This price collapsed has occurred mainly due to the landmarks in the market, thanks to several factors.

Curdry market breakdown: Why BTC, ETH, Sol and XRP are low

Coinmarketcap data He explains that the collapse of the encryption market occurs again, with the price of bitcoin down to less than the level of 95,000 dollars. Altcoins like Ethereum, Solana and Dogecoin and XRP price has also decreased significantly.

This price collapsed occurred due to several factors, including global economic uncertainty. On the one hand, US President Donald Trump is still threatening to impose a tariff on other countries. Yesterday, the president announced that he decided that for fairness, he would receive mutual fees for countries that receive the United States.

This still raises concerns about commercial wars, and is a declining encryption market. Meanwhile, the declining emotions in the market are also due to the policy of the quantum tightening of the Federal Reserve in the United States, with no hopes of monetary mitigation policies any time soon. Traders expect that there will be only one reduction in the federal reserve rate this year, which is unlikely to come until the second half of the year.

These developments raised enormous feelings among investors, which eventually led to the collapse of the encryption market. the Bitcoin price I struggle to restore $ 100,000 for a while now, and now seems more likely to touch $ 90,000.

Hepbody factors in the market

Besides uncertainty on the macro side, other developments led to the collapse of the encryption market. The encryption analyst Ali Martinez recently revealed that capital flows in Bitcoin and Ethereum decreased by more than 30 % last month, as it decreased from 45 billion dollars to $ 30 billion.

This indicates that there is a lack of liquidity in the market to maintain high prices. Investors are looking to stop allocating more capital for the market due to a landfill. Instead, more investors are looking to empty their coins as the market is likely to be in the Donald Trump administration even before taking office.

Moreover, some community members believe that the Trump administration has not been less than its promises to the encryption industry, bearing in mind that the strategic bitcoin reserve initiative has not yet occurred.

Amid the collapse of the encryption market, Martinez also suggested that the market may witness lower prices, as it revealed that prolonged prices have historically followed a decrease in Bitcoin mining activity.

Away from the Bitcoin ecosystem, it seems that the feelings of Solana’s firmness are also at the highest level (ATH) yet. Carpets Mim Mimi Mim. It is claimed that merchants lost more than $ 286 million to withdraw the rug, which led to the absorption of liquidity from the encryption market.

This development has increased investor confidence, especially given that Argentina President Javier Millie Roj for this meme currency at his X. This epic raised the ghosts of Trump and Meyme Mimi currencies, which absorbed liquidity from the market before Donald Trump took office.

partner:

Boluwatife Adeyemi

Boluwatife Adeyemi is a writer and editor of the encryption news that covers the topics that exceed Defi, NFTS, smart contracts and the interfering operating capacity in Blockchain, among other things. Boluwatife has a talent to simplify the most technical concepts and make it easy for the novice encoded. Outside of writing, he is a thirsty basketball lover and part -time.

Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.



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