February 2025 Crypto Market Downturn and Policy Game market performance The total market value of cryptocurrency fell by 22% in a single month, while Bitcoin fell by 18%. The main reasons for the correction include macroeconomic fluctuations, ByBit being hacked (losing $1.5 billion), and the decline in popularity of Solana's ecosystem Meme coin. Policy progress The SEC has terminated investigations into institutions such as Coinbase, abandoned controversial "trader rules," and established a new technology department; Cross party proposal of GENIUS