Cryptocurrency Market Experiences Dramatic Downturn

The cryptocurrency market has witnessed a significant downturn since April 2nd, prompting alarm among investors and raising concerns about the future stability of this digital asset class. Major cryptocurrencies like Bitcoin, Ethereum, Dogecoin, and Solana have suffered substantial losses, with data showing total market capitalization declining by over 10%. This drastic drop is attributed to various factors including recent price declines and a growing sense of uncertainty in the broader economy.