Crypto Market Plunge Across the Board

The broader cryptocurrency market has recently endured one of its most challenging periods, with major digital assets experiencing significant declines of 15-20% before finding some minor relief. Notably, Bitcoin led this downturn, falling sharply to $60,000, effectively erasing gains previously attributed to the 'Trump pump'.

Adding to the market's woes, specific tokens tied to former President Trump, along with WLFI, have also recorded substantial losses. This decline follows news of an ongoing investigation into the dealings of World Liberty Financial, particularly its interactions with a member of the UAE royal family. This combination of factors points to a period of heightened volatility and negative sentiment across various segments of the crypto ecosystem.