#CryptoTariffDrop
Everyone’s saying “the market is down,” but no one’s telling you why. So here it is—what’s really dragging crypto down today.
The market didn’t just randomly tank. This drop was triggered by something way bigger than charts and candles.
It all started with Trump’s new tariff plan:
10% universal import tax
20% on EU
26% on Japan
34% on China
These policies kicked off on April 5, with more set to roll out April 9. The fear of a global trade war has gripped investors—and they're dumping risk assets fast, including crypto.
The damage so far:
$BTC dropped below $75K, nearly 10% daily loss
$ETH plunged over 19%
$BNB is sliding too
$1.5B liquidated in hours—longs and shorts alike