Cryptocurrency Market Plummeting as Experts Warn of Deeper Decline

A growing number of investors and analysts are sounding the alarm on Bitcoin's value, predicting a deeper decline in its price. This concern stems from the similarity between the current economic climate and the 2008 financial crisis, according to JPMorgan CEO. The broader crypto market has followed suit with other risk assets, as increased U.S. tariff uncertainty weighs heavily on investor sentiment.

Bitcoin's value has been particularly affected by this shift in market mood, moving more in line with external factors rather than its internal fundamentals. This trend has intensified downside risks for the cryptocurrency, leaving investors wondering what the future holds.