đšđŠđș Everyone's saying âthe market is down,â but no oneâs really explaining why. So hereâs the real reasonâwhatâs actually causing crypto to crash today.
This isnât just a random dip on the charts. It all started with Trumpâs new tariff plan: a 10% universal tax on all imports, plus additional aggressive tariffsâ20% on the EU, 26% on Japan, and 34% on China. These policies officially kicked in on April 5, with more coming on April 9. The fear of a trade war is real, and investors are pulling out of risk assetsâincluding crypto.
Because of that, $BTC has dropped below $75,000 with almost a 10% daily loss. $ETH is down over 19%, and $BNB B is sliding too. Liquidations have spikedânearly $1.5 billion wiped out in just a few hours across both long and short positions, adding even more pressure to the market.
On top of that, the stock market crash on April 4âwhere $3.25 trillion was erased from global equitiesâonly intensified the fear. Itâs not just crypto bleeding; itâs everything. People are panicking, the global situation is unstable, and money is fleeing from high-risk assets.
In short: Trumpâs tariffs, global panic, massive liquidations, and shaken investor confidence. This isnât just a dipâitâs a warning. Stay alert.