The crypto market has experienced a significant decline, with most cryptocurrencies losing over 15% in the past week. Bitcoin's drop to $85,000 has shaken investor confidence, causing the entire market to lower. Several factors have contributed to this decline, including the Federal Reserve's policies indicating that interest rates will not be cut soon, making crypto less attractive. Additionally, the uncertainty surrounding the implementation of the Strategic Bitcoin Reserve by Donald Trump's administration has added to the market's uncertainty. The drop in the S&P 500 has also affected the crypto market, as they have historically correlated. A recent security breach at a major crypto exchange, Bybit, has further added to investor uncertainty. Despite the market downturn, some altcoins have performed well, showing strong momentum.



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