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Lama 🎩
@crypto-lama
The recent downturn in the crypto market can be attributed to several key factors: 1. Disappointment Over U.S. Bitcoin Reserve Announcement: President Donald Trump's recent announcement of a federal Bitcoin strategic reserve has disappointed investors. The plan includes only assets seized through legal actions, with no new government purchases planned. This has dampened expectations of increased institutional support for Bitcoin, leading to a decline in its price. 2. Broader Economic Concerns and Market Sentiment: Investors are increasingly risk-averse due to concerns over tariffs and a potential economic slowdown. This shift away from risky assets has contributed to the selloff in digital assets, including crypto. These factors collectively have led to the recent decline in cryptocurrency prices.
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