The cryptocurrency market started 2025 with instability, and today it became obvious that fall has intensified. Here are the key reasons:

1️⃣ Sharp sales of major players.
The market is seeing high activity from large holders transferring significant volumes of cryptocurrencies (BTC, ETH) to exchanges. For example, according to blockchain analysts, addresses associated with large funds have withdrawn over 12,000 BTC from exchanges in the past day. This has triggered pressure on the price.
2️⃣ Macroeconomic uncertainty.
Early this morning, employment data in the United States was published, which turned out to be better than expected. This strengthened the dollar and led to a decrease in investors' interest in crypto assets as risky instruments.
3️⃣ Panic in the stablecoin market.
USDT from Tether temporarily lost its peg to the dollar (dropped to $0.993). This has caused distrust among retail investors and prompted them to sell other assets. Although stabilization has already begun, significant damage has been done to the market.