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The cryptocurrency market has experienced a significant downturn, primarily driven by unfavorable macroeconomic factors. U.S. President Donald Trump's announcement of a 25% import tariff on the EU has intensified global trade war tensions, leading to a more cautious sentiment among global market investors. Bitcoin (BTC) led the decline, with major altcoins following suit.Bitcoin Price TodayBitcoin (BTC), the flagship token of the cryptocurrency market, saw its price drop to a low of $82,000 t...

Market OverviewAs of February 18, 2025, the global cryptocurrency market cap fell by 0.26% to $3.18 trillion. Despite the overall decline in market value, trading volume surged significantly, with intraday total trading volume rising by 56.04% to $94.67 billion. Bitcoin (BTC) prices continued to hover around $96,000, while Ethereum (ETH) saw a modest increase of 2%. Meanwhile, XRP and Solana (SOL) prices fell by 2%-5%, further increasing market uncertainty.Bitcoin Price MovementBitcoin (BTC) ...

According to a Bitcoin on-chain analysis report released by VanEck, the recent decline in Bitcoin's price is primarily driven by selling pressure from mid-term holders rather than long-term holders. Here are the key takeaways from the report: Long-Term Whales Continue Holding: Investors holding Bitcoin for over five years have continued to accumulate, with a net increase of 278,000 BTC over the past two years, demonstrating strong conviction. Selling Pressure from Mid-Term Holders: Over the p...