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Worst crypto cycle ever? Community and history say otherwise

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The cryptocurrency market has faced a significant contraction since the beginning of 2025, as some investors described it as the most painful cycle in history.

It was some Disappointed On the changes of industry and insanity policy in the United States, while others even forecast About talents left the sector for other industries.

However, although the current coding market may seem dark for some, the current session is far from being the most brutal ever, and many members of society are still upward.

“For those who have gone through multiple sessions, this is just part of the process,” said Trezur Lucian Bordon's analyst for Cointelegraph.

Sell ​​the opening after Trump

The current decrease in the encryption markets came after Bitcoin (BTC) reached the highest level ever over $ 106,000 in December 2024, with a significant increase in optimism about Donald Trump's victory in the US presidential election.

While many were optimistic, some investors, such as the co -founder of Bitmex Arthur Hayes, expected the accuracy of selling encryption after Trump's opening on January 20.

Bitcoin price scheme since October 2024. Source: Coingecko

Since then, Bitcoin has decreased by more than 18 %, with the total number of the encryption market Erasure Almost all the gains that came from winning the Trump elections, and have decreased 25 %.

In the post -Trump sale process, investors have dropped about $ 4.6 billion of products circulating in the exchange of encryption by March 7, while the immediate market witnessed more outflows, with at least a billion dollars in liquidation in one day on March 3.

What are the most brutal sale of encryption in history?

But the latest sale is not the worst. “If we are talking about the worst bitcoin cycle, it is possible that 2014-2015 is the most brutal,” said Bordon of Trezor to CointeleGraph.

In reference to the collapse of Excination MT. Gox Crypto, who suffered a loss of 850,000 BTC in a security breach in 2024, the most prominent event analyst as the worst bitcoin sale.

Bitcoin price scheme from July 2013 to July 2016. Source: Coingecko

“The collapse of Mount Gox surveyed 70 % of the volume of trading in Bitcoin, which led to a decrease of 85 % in the market without institutional support and much less anxiety,” said Bordon.

More than just low prices

According to Barrett Reeves, European BitGo sales chief, there are “a lot of fallen pieces” in the current market.

In addition to greater price declines in the past, REEVES highlighted prominent progress in CRYPTO products and organization, which increases the increasingly coding assets with the international financial system. He said:

“Although prices may be broken at the present time, we must remember to what extent we have reached a short space in a timely manner and the extent of the capabilities of this space in the coming years.”

Unlike skeptics and phasheets in encryption, some of the industry executives believe that the current market cycle is the Thor Market.

Related to: A tariff of revenge on the European Union threatens to correct bitcoin to 75 thousand dollars – analysts

“I really think it's the best,” said Quantum Economics Mati Greenspan, the founder of Quantum Economics Mati Greenspan, adding:

“What distinguishes this rising market from the previous Crypto Bull is the first time that we have seen prices that rise over time and what you do not accompany by printing abundant money. This withdrawal is short -term pain that will enable the long -term gains.”

According to the Crypto Miles Deutscher analyst, terms such as “Market Market”, “Market”, “Cycle” or “Altseason” are not even suitable for the current market situation.

Source: German Miles

“This is a different market now,” is He said In the X Publishing on March 13.

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