
MINE.exchange NEWS
February 5, 2025 at 12:02 PM
👀🔔 Traders Complain That the Crypto Market Has Become "Very Confusing and Illogical"
The cryptocurrency market is behaving unpredictably, ignoring positive factors. Crypto trader Sykodelic noted that even with favorable U.S. initiatives and Trump’s election victory, the market remains unstable. The Bitcoin Therapist believes that Bitcoin is undervalued by $50,000–$100,000, while the sharp drop in the Fear & Greed Index (from 72 to 54) indicates a shift in investor sentiment. 💰
Despite expectations of the beginning of an "altseason," Bitcoin continues to dominate—the market share has already reached 61.47%, exceeding the projected threshold. However, global economic events are hindering further growth: on February 3, Trump's new tariffs against China, Canada, and Mexico triggered the largest liquidation in crypto market history, amounting to $2.24 billion. The restrictions were later eased, but BTC remains below $100,000 and is trading around $97,925 at the time of publication. 🔥
MN Capital founder Michaël van de Poppe is confident that the market is only at the beginning of a new cycle despite its instability. Traditional models no longer work, and investors will have to adapt to the new reality. 🚀
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