One interesting thing about the state of the crypto market this time is the drop in Bitcoin price to below $50k. However, it has again responded positively to the $54k figure as of this writing.

Many fragments or cross-opinions about what problems caused the Bitcoin market price to drop sharply at the beginning of August where most people's expectations were even that this month was the possibility of the initial start of a bullrun that would last until 2025?

One side is positive about the increase, where the sharp decline is a trap to generate better income. On the other hand there are those who think it is due to the competition that occurs between the two presidential candidates of one of the superpowers where one candidate supports the existence of Bitcoin while the other candidate opposes the existence of Bitcoin, which means that this can be caused by parties that do not support the existence of Bitcoin. However, there are also opinions that look more at the position due to the problem of the existence of the stock market, most of which teading platforms have come down to stop selling stocks to avoid market crashes in history.

The three of them are the main views on the existence of the market this month, becoming an interesting story of which one is actually happening.

In general, of course all things can be the cause of the problem of the sharp decline in the value of Bitcoin at this time, but the umpteenth time hope will still appear in this word is a "trap". Rentwran all the way to get big profits for big investors is a common way for those who have been playing in their field for a long time. The impact is the people who are exposed to the trap.

One thing to remember is that crypto is freedom, and the crypto struggle will continue to go down or up, it is proof that crypto can be relied on as a good currency for fiat and bank existence. Stay the course, turbulent market or not patience and community strength are the main keys crypto will continue to triumph and eventually be recognized as the best legal tender to use as a medium of exchange.