CryptMarket Analysis — 29-9-15
The crypto market is highly volatile in the past four hours, driven by heightened regulatory scrutiny and a broad market selloff. U.S. regulators are examining trading patterns before firms announced crypto treasury holdings, raising concerns about potential insider trading and dampening risk sentiment. Meanwhile, a harsh $300 billion market wipeout marks the steepest selloff in months, with leading assets like BTC and ETH breaking key technical supports. Amid these conditions, analysts remain divided on whether the recent decline marks a true bear market or a bear trap that could spark a rebound, but the prevailing tone is risk-off as investors await clearer regulatory and macroeconomic cues.