The cryptocurrency market has faced a significant downturn since the start of 2025, with some investors calling it the most painful cycle in history.
Some were disappointed about industry policy changes and the memecoin craze in the United States, while others even speculated about talent leaving the sector for other industries.
However, while the current crypto market state might look grim to some, the current cycle is far from being the most brutal on record, and many community members remain bullish.
“For those who have been through multiple cycles, this is just part of the process,” Trezor analyst Lucien Bourdon told Cointelegraph.
The post-Trump inauguration sale
The current decline in crypto markets came after Bitcoin (BTC) reached an all-time high above $106,000 in December 2024, with the spike largely attributed to