Bitcoin is currently experiencing a sharp decline, reaching lows not seen in three months. This can be attributed to various factors including political uncertainties such as Trump imposing tariffs on imports and the slow rollout of pro-crypto policies. The recent security breach of a major exchange, where hackers stole $1.5 billion worth of Ether, has also contributed to market instability. Investor sentiment, as indicated by the Cryptocurrency Fear and Greed Index, is at an extreme low. The recent hype around meme coins has also resulted in significant losses and eroded trust in the crypto ecosystem. Other cryptocurrencies like Ethereum and Solana have also seen substantial price drops. However, there are some indicators suggesting that Bitcoin's dominance and on-chain signals may point to a potential comeback. Overall, the recent Bitcoin crash highlights the importance of staying informed and cautious in the volatile crypto market.



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