Despite the Super Bullish Performance in 2024, the Crypto Market Is Under Bears’ Dominance

The crypto market is under bears’ dominance despite the super bullish performance in 2024. With Trump’s tariff introduction

The crypto market has been subject to bears’ dominance despite the super bullish performance in 2024. With Trump’s tariff introduction, macroeconomic events, and various other factors, Bitcoin, Ethereum, and most other crypto coins are struggling, except AB, a less-renowned token.

With all the odds in the trading industry, its price is up 7000% since the beginning of the year. The crypto coin is inspired by Isaac Newton and silently exhibits highly bullish rallies. The token, launched as the Newton Project, has been part of the crypto market for nearly five years.

Initially, it had a great start, but with the bear market and volatility, it was long lost and under constant consolidation periods before gaining a new identity at the beginning of this year.

Newton is migrating to AB (https://t.co/W8UU43j6Ds)

— AB DAO (@ABDAO_Global) February 8, 2025

The crypto coin entered a long bullish rally with a new branding and gas fees token role for the decentralized autonomous organization (DAO). The Newton project became AB and began the year at $0.0001624.

After a magnificent rally, it reached an all-time high of $0.01729 on March 21, marking a 10,000% increase. Although it has since decreased, it is still maintaining a 7,000% surge, currently trading at $0.01167 with a market capitalization of $632.83 million.

The CoinGecko Q1 report reveals that the cryptocurrency market has lost nearly $650 billion after dropping more than 18% in the first quarter of the year. The drop is calculated with the peak moment of US President Donald Trump's inauguration.

The Trump trade war, rising recession odds, and other macroeconomic events fueled investors' fears, resulting in the financial market crash.

Although the crypto market is attempting a recovery in Q2, the dominance of bears is still high. More importantly, there are no significant bullish catalysts hinting at recovery anytime soon.

If the Trump trade war settles, the US Fed introduces interest rate cuts, the Bitcoin Reserve or similar accomplishment happens, the market could rally. However, if not, then the volatility may persist.

Frequently Asked Questions (FAQs)

1. What is AB and why is its price up 7000%

2. Why is the crypto market continuously down in Q1 2025?

3. Will the crypto market recover anytime soon?