Crypto Crash: Is the Bull Market Over?
Highlights
- Bitcoin and top altcoins' price crashes impact the broader crypto market today.
- Trump's 50% proposed EU tariff affects investors' sentiments, hence the crypto crash.
- Despite the dip, the bull market is far from over, as experts foresee a BTC rally to $200k in 2025.
The recent Bitcoin price rally to a new ATH fueled a crypto market rally, pulling digital assets out of the Trump tariff-influenced slump. The same cryptos are facing another turmoil today, losing a significant portion of their recovery amid investors’ sentiments due to the influence of various technical and macroeconomic factors. Is the bull market over? Let’s discuss.
Bitcoin Price Crash Trimmers Affect Crypto Market
After a 4% crash in Bitcoin price, hours earlier, it currently trades at $108.7k. Its decline from the recent ATH rally has impacted investors’ sentiments, fueling the crypto market crash today.
This drop resulted in the wiping out of more than $600M in leveraged positions, per Coinglass, and the top altcoins like XRP, SOL, DOGE, and others declined at least 1-2%. Some even faced extreme volatilities and higher bearish pressures.
Notably, this happened amid Trump’s 50% Tariff announcement on the EU, starting June 1, 2025. Although it is still in discussion, the digital assets felt the trimmers.
Is the Bull Market Over With This Crypto Crash?
Investors have been awaiting a bull market since the Bitcoin Halving, as historical data presents the high odds of one’s formation past this event. Although the cryptocurrencies witnessed a bullish market in late 2024 and early 2025, the investors’ trust is fading, considering today’s crash.
However, this is just a minor outcome of ongoing macroeconomic events and does not confirm the end of the bull run. Experts’ Bitcoin price prediction is highly bullish for 2025, and the same is true for the rest of the market.
Some analysts believe that, similar to the US-China deal, Trump can bring a better tariff agreement with the EU as well. More importantly, the Bitcoin adoption is at its peak, amid intentional BTC buying, U.S. Strategic Bitcoin Reserve in discussion, continuous ETF inflows, and more.
Bitcoin succeeded in:
High Inflation
Low Inflation
High interest rates
Low Interest Rates
Strong DXY
Weak DXY
Greatest Fed Tightening in 40 years
Tariff Tantrum
Covid
Anti BTC administration for 4 years
Operation chokepoint
FTX Collapse
China mining ban
Block size wars— James Van Straten (@btcjvs) May 21, 2025
BlackRock’s recent BTC buy confirms this perspective. Although the Bitcoin price trajectory is weakest in history, per Tradingshot, it has not ended.
Their analysis reveals that earlier cycles saw explosive growth, but the 2023-2025 one follows the ‘Channel Up’ pattern, which suggests a more mature crypto market with reduced upside potential.
The recent rebound past the February crash reveals that BTC is re-aligning with past cycles, and the top (rally to $150k-$200k) would come between October and December 2025.
As a result, the Bull market is far from over, but the trajectory could change amid ongoing macroeconomic changes. So, investors must research the subject further.
Frequently Asked Questions (FAQs)
1. Why did the crypto market crash today?
2. Is the bull market over?
3. What are the key signs that the bull market will continue?
- Japanese Gaming Firm Gumi to Boost Treasury With BTC, XRP After $38M Raise
- BNB Leads Crypto Market Rally With Fresh All-Time High, Expert Sees $5000 Upside
- Billionaire Ray Dalio Calls Bitcoin “Alternative Money” as BTC Profit-Taking Tops $3.7B Amid $120K Rally
- Canary Litecoin ETF Delayed Due to Government Shutdown, What’s Next?
- VanEck Registers Lido Staked Ethereum Trust in Delaware, LDO Up 7%
- Pi Network Price at Risk of Another Crash as Mysterious Whale Stops Buying
- Solana Price Eyes $360 After Bullish Retest As VisionSys AI Deploys $2B Treasury Strategy
- Cardano Price Forecast As Hashdex Listing Fuels Optimism For $1.27 Breakout
- BONK Price Rally Ahead? Open Interest Jumps as TD Buy Signal Flashes
- Shiba Inu Price to Surge as Whales Buy and Team Commits to Shibarium Growth
- XRP Price Prediction After Ripple CTO David Schwartz Resigns
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
