Coinspeaker
Madness in Crypto Market: Traders Turn into Critics
The crypto market is inherently volatile, but there is a limit to what the traders can stomach. Since the beginning of the year, market-leading digital asset Bitcoin
BTC
$98 577
24h volatility:
1.1%
Market cap:
$1.95 T
Vol. 24h:
$64.40 B
soared to a new all-time high of $109,000 in late January and then proceeded to crash to the $91,000 support level on Monday as the broader market also tanked with Bitcoin.
The crypto market saw significant changes in 2024, including the approval of spot crypto exchange-traded funds (ETFs) and the first pro-crypto US President Donald Trump being voted to power. It is clear that the market is not following previous patte
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