Why is the crypto market declining despite positive indicators for a bull run?

Despite positive indicators like pro-regulation shifts and institutional interest, analysts note a downtrend in crypto markets, with Bitcoin declaring a bear market since October 2025. Neuner emphasizes that something fundamental seems broken.

While market performance is lacking, core industry fundamentals remain strong, marked by advancements in regulation and infrastructure. Experts believe 2025 marked significant structural progress for the crypto landscape, despite current price challenges.

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