Questions about altseason 2025 can no longer be raised. Rather, when the crypto winter will begin and how long it will last. The crypto market is in fear and uncertainty: indicator The Crypto Fear & Greed Index is at 10. This is the lowest since June 2024.
If the previous (and most difficult) crypto winter was caused by the collapse of the FTX crypto exchange. The current situation on the market is associated with the aggressive policy of the United States and a huge number of openly fraudulent projects, most of them are memecoins.
Over the past 24 hours, 173,522 traders liquidated. The total amount of liquidations reached $691 million, with long positions suffering the most: $511 million.
The capitalization of the cryptocurrency market is currently $2.95 trillion, which is 2.8% less than in the previous 24 hours. The cost of bitcoin fluctuates around $86 thousand said that a 30% correction of bitcoin during a bull market is common. For example, in 2021, BTC dropped by 53%, but then updated its all-time high (ATH).
Former CEO of the cryptocurrency exchange BitMEX and well-known entrepreneur Arthur Hayes, who predicted a market crash in March, awaits BTC at $70k-$75k. This will happen if Trump fails to pass a budget that increases spending and raises the debt ceiling.
In addition, Donald Trump will impose a 25% duty on goods from Canada and Mexico starting March 4, and a mirror duty on goods from other countries is expected to be introduced on April 2. Except for China. There is another 10% (in addition to the 10% already in effect since February 4). The market has not yet had time to react to this. But it will continue…
Spelling error report
The following text will be sent to our editors: