Arca’s Dorman Calls Recent Cryptocurrency Market Decline ‘Unprecedented’, Blaming Lack of Buying Pressure

Despite positive macroeconomic indicators like interest rate cuts and rising consumer demand, the cryptocurrency market is experiencing a puzzling decline. Arca CIO Jeff Dorman recently expressed surprise at this downturn, stating it’s one of the most baffling sell-offs in history. He attributes this unusual drop to a lack of buying pressure and the delayed entrance of institutional investors. Dorman believes that this disconnect between positive macro factors and declining crypto prices is significant. [Continue body with additional information from article about Institutional Entry, Tech issues in Crypto markets etc.]