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The cryptocurrency market is experiencing extreme volatility driven by geopolitical events and aggressive US financial policies, notably president Trump's announcement of a US crypto strategic reserve, which initially boosted prices but led to a quick reversal.
Bitcoin's significant decline of 28.3% reflects broader market instability, with over $640 billion lost in just 25 days, highlighting the correlation between crypto and traditional stock market movements.
Emotional investor behaviors, such as FOMO and FUD, are influencing market dynamics, with a shift toward caution among retail investors, which could set the stage for future bullish momentum.
Despite the current challenges, strong institutional interest and network growth suggest a potential for recovery and significant price gains in the long term, particularly if macroeconomic conditions improve.