Crypto news 🗞️

There are several news articles and web pages that discuss the recent decline of cryptocurrencies, especially bitcoin and ether, which fell by 15% and 20% respectively on Friday12. Some of the possible reasons for this drop are:

The sell-off in U.S. stocks, which triggered a risk-off sentiment among investors12.

The rising interest rates and inflation expectations, which reduced the appeal of bitcoin as a hedge1.

The regulatory crackdowns in China and the U.S., which increased the uncertainty and pressure on the crypto market1.

The liquidation of over $1 billion worth of crypto positions, which amplified the volatility and downward momentum3.

The crypto market is known for its high fluctuations and unpredictability, so it is hard to say if the prices will recover or continue to fall in the near future. Some analysts predict that bitcoin could reach $125,000 by 2025, while others warn that it could face more challenges and resistance