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The cryptocurrency market has been experiencing significant turbulence recently. Bitcoin has seen a sharp decline, dropping around 6% and losing nearly a fifth of its value from the highs it reached around Donald Trump’s inauguration in January. This downturn has wiped out almost all the gains made after Trump’s election win sparked excitement in the crypto space. Analysts suggest that a quick recovery isn’t likely in the short term, with selling pressure intensified by a $750 million outflow from U.S. Bitcoin ETFs and broader economic uncertainties, including U.S. tariff concerns.