The recent weeks have been tumultuous for the digital asset market, with investors experiencing sharp price dips and substantial losses. The altcoin sector has been hit the hardest, leading to a significant devaluation of the global market cap. Bitcoin also faced intense price swings, recording one of the largest one-day losses of the current bull market cycle. Short-term holders were particularly affected, with many selling at a loss. The volatile price action is partly due to President Trump's threat of tariffs and the persistent strength of the US dollar. However, Bitcoin has remained relatively stable thanks to increased liquidity and the presence of resilient holders. In contrast, the altcoin sector has experienced significant sell-side pressure, resulting in a collapse of token prices. Most altcoins were affected by the broad-based sell-off, highlighting the bear market in this sector. Key support levels have been identified for Bitcoin, but the outlook for altcoins remains uncertain and less optimistic.



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