The crypto market has seen a significant decline, with Bitcoin and Ethereum facing notable losses. Key factors include disappointment over Trump’s speech, potential interest rate hikes by the Bank of Japan, and market pressures from upcoming options expirations.
The cryptocurrency market is currently undergoing a notable decline, with Bitcoin and Ethereum leading the downward trend. The total market cap has dropped by 3.64% since January 22, 2025, affecting altcoins and causing a sense of uncertainty due to macroeconomic factors and regulatory ambiguity.
In summary, the crypto market’s current slump stems from a combination of macroeconomic challenges, political factors, and options expirations. The absence of anticipated discussions from Trump on cryptocurrency, potential interest rate hikes, and rising dollar indexes contribute to this landscape. Observing regulatory changes and interest rate developments will be essential for navigating this tumultuous terrain.
Original Source: coinpedia.org
