Bitcoin Plummets: Crypto Market Suffers Major Correction in 2025

Bitcoin witnessed a sharp decline, dropping over 29% from its peak and wiping out nearly $1.2 trillion in market value. This downturn impacted the entire cryptocurrency market, with major altcoins like Ethereum and XRP also experiencing losses. Over $5 billion in positions were liquidated due to high volatility. Experts attribute this decline to a combination of factors: increasing market uncertainty, potential regulatory concerns, and shifting investor sentiment.