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Why Is the Crypto Market Dropping? When Will It Recover?
The crypto market took a hit again this Sunday, with Bitcoin $BTC dropping close to its 2025 low of $80,000. Over the past week, Bitcoin has fallen more than 11%, wiping out recent gains. Right now, it's trading at $82,196, down over 4% in the last 24 hours.
The entire crypto market shrank by 7%, bringing its total value to $2.77 trillion. Other major coins also suffered:
1.- Solana & XRP lost 7%
2.- Ethereum dropped 8%, nearing $2,000
3.- Cardano (ADA) & Dogecoin (DOGE) fell 7% & 9%
This selloff led to $616 million in liquidations in just 24 hours, with long traders losing $540 million. Bitcoin alone saw $231 million in losses.
Trump Hints at Economic Disruptions
On Fox News, President Donald Trump discussed his policies on tariffs and budget cuts. When asked about the economic impact, he admitted there could be short-term disruptions but insisted his plan is designed for long-term benefits.
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