There was a period when a significant decline occurred in the cryptocurrency market, and I’ve organized the reasons behind it. At that time, multiple factors overlapped, causing the entire market to sell off.

First, a prominent factor was large-scale sales by mining companies. Bitdeer sold off all the ビットコイン it held. Selling a large amount of coins, including 943 BTC, sent a bearish signal to the market. Around the same time, the co-founder of イーサリアム also sold a substantial amount, which added downward pressure.

Next was political instability. An abrupt change in tariff policies was announced, causing investors to quickly flee risk assets. Volatile assets like cryptocurrencies are among the first to be sold off in such situations.

At the same time, the technical aspects of the market also worsened. When ビットコイン broke through a key サポートレベル, forced liquidations of long positions exceeding 400 million dollars occurred. This further accelerated panic selling.

アルトコイン were especially hit hard. While ビットコイン declined by about 5%, イーサリアム and ソラナ dropped by 5-6% or more. Major projects like チェーンリンク and カルダノ were also sold off similarly, indicating a bearish overall market sentiment. These kinds of declines happen when multiple negative factors coincide.