The cryptocurrency market has experienced a dramatic decline, with Bitcoin dropping below the US$100,000 mark. This drop has triggered widespread investor anxiety as observed by BH NEWS. The surge in volatility is linked to excessive leverage trading which led to nearly 489,000 traders experiencing significant losses. Despite the market’s current instability, some investors see this downturn as a buying opportunity and hope for a future recovery driven by strong adoption and relaxed regulations. Senator Cynthia Lummis believes Bitcoin’s potential in addressing the US national debt crisis. However, the ETF sector is experiencing a bearish trend with notable redemptions from US spot Bitcoin ETFs like Grayscale and Fidelity. Raoul Pal predicts a temporary market dip while acknowledging its potential for recovery. The article continues to explore investor reactions, market outlook, and the role of regulators in navigating this volatile environment.