The cryptocurrency market has entered a sharp decline. Bitcoin fell below $90,000, and Ethereum dropped under $3,000, erasing gains for all 2025 investors.
In the past 24 hours, more than 183,000 traders were liquidated, wiping out over $1 billion in positions. Longs suffered $740 million in losses, while shorts lost around $290 million. Bitcoin accounted for $550 million, and Ethereum $170 million.
Altcoins also fell sharply, many losing double-digit percentages despite pending ETF approvals and pro-crypto policies.
The Trump administration has promoted multiple crypto-friendly policies and a $2,000 stimulus package to support investors. However, these measures have not halted the market decline.
The Federal Reserve’s hawkish stance on interest rates continues to limit risk appetite. Analysts warn that the market may fall further unless Washington accelerates regulatory clarity or implements the proposed crypto reserve framework.
Investors are now waiting to see whether the government will act quickly or allow the sell-off to continue.
