Bitcoin and all Cryptocurrencies are having a Labubu experience.

"Labubu mania appears to be ebbing as quickly as it surged, driving a roughly 40 per cent rout for former market darling Pop Mart International Group that is raising questions over the company’s long-term prospects."

Just like Labubu, the worth is purely based on sentiments. Not real value. When the meme crowd was chasing Bitcoin, it was like impossible to see Bitcoin price fall. But these last three months have shown just how vulnerable that thinking is. Bitcoin prices can fall, and it has. Spectacularly.

So who will be the last guy holding the bag?

RadexMarkets: Bitcoin Faces Pressure During U.S. Trading Hours

On December 16, Bitcoin once again fell below the $86,000 mark, signaling a broader weakening trend in the cryptocurrency market. According to RadexMarkets, this pullback is not an isolated event but...
RadexMarkets: Bitcoin Faces Pressure During U.S. Trading Hours
# Significant Decline in Crypto Stocks Including Gemini, Applied Digital, and Others

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  • Last bag holder always gets burnt. When memes fade, reality bites hard.
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