The cryptocurrency market has collapsed sharply: what is known

Experts predict that the value of Bitcoin could drop by almost 60% during the summer.

The cryptocurrency market is currently experiencing a serious decline: the prices of digital assets have plummeted, causing a wave of panic among investors. According to American media reports, the price of some tokens has fallen by almost 10% in a short period of time.

Bitcoin fell 5% to $78,764. In addition to Bitcoin, other cryptocurrencies also suffered significant losses: ether (ETH) fell 11% to $1,590, and salt (SOL) fell 10% to $107.

Analysts warn of a possible further decline in the price of Bitcoin to $76,000–$78,000 by the end of April, with a potential drop to $52,000–$56,000 in the summer, depending on the development of trade conflicts and macroeconomic factors.

It is worth noting that in the first quarter of 2025, Bitcoin lost 12.5% of its value, which is the worst performance for this period since 2018.

Sourse: Source