Major Cryptocurrencies Decline Amid 4-Year Cycle Speculation
Major Cryptocurrencies Decline Amid 4-Year Cycle Speculation
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Bitcoin, Ethereum, and XRP are experiencing a downturn, with experts suggesting that retail traders' adherence to the historical four-year Bitcoin market cycle is contributing to the recent decline in crypto prices.
Market Downturn Linked to Bitcoin's Historical Cycles
Recent market analysis points to a significant decline across major cryptocurrencies, including Bitcoin, Ethereum, and XRP. Industry experts believe that a portion of this market behavior is influenced by retail traders who continue to follow the perceived four-year Bitcoin cycle rulebook, impacting overall sentiment and contributing to the current price bleed.