Emptying the latest encryption collision – Tradingview News

From political maneuvers to huge breakthroughs, here is the reason that Bitcoin takes Noseedive.

Bitcoin, the child’s coated currency, took a sharp diving, decreased to about 80,000 dollars at the time of writing this report – unprecedented more than three months ago. This recession has left the investors and enthusiasts who gave their heads, and wonder what is behind the sudden stagnation. Let’s dismantle the chaos taken from Twitter, 8.32 AM GMT +2.

Schengean politicians: definitions and broken promises

First, the political arena. President Donald Trump recently announced a 25 % tariff on imports from Mexico and Canada, an additional 10 % on Chinese goods, scheduled to start on March 4. This step has led to relieving investors, which led to the sale of sensitive assets, including bitcoin. The cryptocurrency has decreased by more than 5 %, and has hit its lowest levels since November.

But this is not all. Many in the encryption community had great hopes that the Trump administration offered the red carpet of digital assets, especially after the campaign’s promises proposed a friend of encryption. Instead, the offering of the PRO-Crypto policies was slower than the snail on the salt track, which led to frustration, and you were considering instability in the market.

Beit BYBIT: A wake up of $ 1.5 billion

As if the political drama was not enough, the encryption world was shook with tremendous security breaches. The infiltrators excelled on the ether worth $ 1.5 billion from the Bybit Stock Exchange, which represents one of the biggest theft in the date of encryption. This incident raised concerns about the safety of digital assets platforms, prompting many investors to hit the panic button.

Fear and greed: emotional rotation

Screen shot taken from Binance 28.02.25

The feelings of investors play a huge role in the wild Crypto Market fluctuations. The cryptocurrency index, which measures the emotional feelings of investors, has turned to 25, as it decreased to the “extreme fear” area. This is its lowest level since September 2024, indicating that investors are more crowded than a cat in a room full of vibrant chairs.

Mimi currency chaos

Add fuel to the fire, the last currency madness on Meme currencies led to great losses. Those who are promoted by political figures such as President Trump and Argentina President Javier Millie are being promoted, leaving the investors carrying the bag. This mineral currency obsession has not only been drained, but also eroded confidence in the broader ecosystem.

It is not only Bitcoin – Altcoins is not immune

While Bitcoin holds the main headlines, other cryptocurrencies also feel heat. Ethereum witnessed its 23 % decrease during the past month, partially due to the BYBIT penetration. Solana, another popular symbol, has been exposed by 42 % in the same period. The total number of the maximum market in the cryptocurrency is more than 800 billion dollars, a clear sign that the entire digital asset market has fallen into a downward cycle.

Is Bitcoin preparing to return?

There are reasons to stay optimistic with caution. Signs on the series indicate that we may be in early stages to the middle of the bull cycle. Bitcoin’s dominance increased to 62 %, indicating that although Altcoins suffer, the leading cryptocurrency may be preparing to return. However, with the current climate of fear and uncertainty, anyone who guesses when the market will settle.