Degen

Anyone wondering why the cryptocurrency market downturned today?

Market Sentiment: Predictions of a crash by January 20, 2025, due to overhyped expectations tied to political developments.

Profit-Taking: Bitcoin's recent all-time high of $108,135 led to sell-offs, pushing prices below $94,000.

Macroeconomic Concerns: Strong economic data raised fears of delayed Federal Reserve interest rate cuts, affecting both traditional and crypto markets.

These are the main factors combined to trigger a significant market correction.

Investor, Trader, & Market analyst. 📊 Web3 explorer👾🟪 Degentleman🎩

 /smellcheckmate 🌐

$trump is a major liquidity event. Everyone dumped for it.

Trump token took the liquidity ☹️😅