Institutional slowdown or macro shock? Experts weigh in on the market dip

Crypto plunged over $1 trillion in weeks, but analysts say the downturn isn’t systemic and break down the macro drivers, institutional behavior and investor survival strategies.

The crypto market’s most turbulent period of 2025 resulted in a drawdown that erased more than $1.2 trillion in value and sent Bitcoin (BTC) plunging from its brief $120,000 peak to the $80,000 range.

For many investors, the speed and severity of the selloff stirred déjà vu from 2017 and 2022. This week’s episode of Byte-Sized Insight hears from experts that this downturn is different — and far less catastrophic — than the headlines suggest.

Macro analyst and author of the Crypto is Macro Now Substack Noelle Acheson argued that the latest dip is “not a big deal” and, crucially, “not systemic.” Instead, she called it a liquidity-driven correction sparked by shifting expectations around Federal Reserve rate cuts.

Read more