The cryptocurrency market is facing a downturn, with Bitcoin (BTC) recently falling below $80,000 and Ethereum (ETH) dipping below $2,000. Various market indicators suggest that Bitcoin is in a bearish cycle, with the Bitcoin Bull-Bear Market Cycle Indicator reaching its lowest levels so far this cycle. Data from CryptoQuant indicates that all Bitcoin valuation metrics are signaling bearish territory, which historically has been associated with sharp corrections or the onset of bear markets. Additionally, there has been a notable decline in buying activity from Bitcoin whales and a shift in U.S. Bitcoin ETFs, which have turned net sellers in 2025. This market turbulence coincides with broader economic discussions surrounding former President Donald Trump's economic policies, which some analysts believe could reset the business cycle, potentially impacting inflation and interest rates. As the market grapples with these developments, investors are left uncertain about the future trajectory of both equities and cryptocurrencies.