The crypto market has experienced a notable correction ahead of the expected bull run. This steep decline is partly attributed to regulatory missteps by the US Federal Reserve, which many view as a significant negative influence. Additionally, ongoing debates about interest rate changes have created market unease. While rate cuts are typically viewed positively, the recent reductions have been criticized as inadequate, and future, more significant cuts might signal a recession, increasing negative sentiment.
Geopolitical tensions in the Middle East, Bitcoin compensation issues, and political uncertainties surrounding figures like Trump have further impacted the market. Historically, every bull market has followed a major downturn. Examining past crashes, including those on 94, 5.19, 3.12, and the recent 8.05 event, reveals a pattern where each bull market follows a substantial correction. This recent decline could very well signal the start of the next major bull run in cryptocurrency, representing a crucial moment for investors.