Here is what happened yesterday in the crypto market:
Bitcoin Falls as Macro Concerns Rise
Bitcoin is experiencing a downturn, dropping below $80,000 as macroeconomic worries overshadow positive crypto-related developments. This decline extends a three-day losing streak, with bears eyeing further support levels.
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Solana Price Drops Despite Liquidity
Solana’s price has decreased by 29% since the beginning of 2025, even with a $10 billion injection of liquidity and its inclusion in the US Digital Asset Stockpile. This indicates that positive catalysts didn’t guarantee a price increase.
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Saylor Advocates for US Government Bitcoin Acquisition
Michael Saylor is urging the U.S. government to acquire 5-25% of the total Bitcoin supply over the next decade for its Strategic Bitcoin Reserve. This proposal reflects a bullish outlook on Bitcoin’s long-term value.
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Analyst Warns of Potential Bear Market
Timothy Peterson warns that if the Federal Reserve refrains from cutting rates in 2025, it could trigger a broader market downturn, potentially pushing Bitcoin back towards $70,000.
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Only Small Percentage of Global Population Holds Bitcoin
Only 4% of the world’s population holds Bitcoin in 2025. The United States has the highest concentration of ownership, with about 14% of individuals in this country owning BTC.
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