#BTCMiningRevenue
Bad news for long traders 😭😢
The crypto market turned bearish due to ongoing regulatory pressures, especially from the U.S., creating investor uncertainty. High interest rates and inflation concerns have further reduced risk appetite for assets like crypto. Low liquidity allows large holders to significantly impact prices, causing sharper declines. Geopolitical tensions and technical sell-offs also contributed, leading to losses for those in long positions while short-sellers benefit.
