Global financial markets have witnessed severe fluctuations recently, as the value of Bitcoin has decreased significantly, and this coincided with the high fence index in Wall Street to levels that have not been seen since 2022.
Bitcoin’s value decreased by more than 20%, to decrease below $ 80,000 to $ 78,331 for the first time since November 11, 2024. This decrease represents a significant decline from the highest historic level recorded in January 2025, when it reached 109,350 dollars.
This decline is attributed to several factors, most notably the state of economic uncertainty resulting from the commercial policies of US President Donald Trump, including the imposition of 25% customs duties on imports from Canada and Mexico, which raised fears of commercial wars and increased enlargement. In addition, the “Bybit” platform was subjected to a security penetration process that resulted in the theft of $ 1.5 billion of Ether, which increased investor concerns about the security of digital assets.
In light of these developments, the fluctuations index known as the “Fear Index” in Wall Street increased by 10.5% to 19.13 points, after it touched 19.43 points earlier in the session, heading towards its highest level since October 30. This rise reflects the increasing investor concern and their preference to avoid high risk assets.
Not only did the Bitcoin, but other cryptocurrencies witnessed sharp declines; Ethar has decreased by more than 40% since December, and Solana decreased by 42%. Traditional stock markets were also affected, with the “S&P 500” index, by 0.5%, and the “NASDAC” complex index, decreased by 1.3% to its lowest level in 6 weeks.
