Crypto has everything needed for a bull market, so why is the market down?

Cointelegraph
2025.12.19 02:40
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Analysts are puzzled by the crypto market's downturn despite positive factors like increased liquidity and pro-crypto policies. CNBC's Ran Neuner suggests structural issues, while economist Adam Kobeissi points to high leverage. Analyst "PlanB" sees ongoing selling pressure. Markus Thielen believes a bear market began in late October 2025. Despite poor spot market performance, Erik Lowe highlights significant industry progress in 2025, including regulatory shifts and strategic reserves.