The crypto bear market actually began in December 2024, contrary to popular belief that it started in February 2025. Altcoins have been on a decline since December 8, 2024, and have not recovered since then. Bitcoin (BTC) reached its all-time high on January 20, 2025, while altcoins had already been in a bear market for six weeks. The market capitalization of altcoins peaked at $1.9 trillion on December 8, 2024, but has since declined to less than $1.2 trillion. The current bear market has lasted for nearly three months, highlighting the cyclical volatility of the crypto market.



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