tariffshock

The crypto market opened the new week with a sharp drop. Bitcoin fell below $65,000 as new macro pressure entered the picture — and the ripple effects hit nearly every major coin. Here's a calm breakdown of what happened and why it matters.
What Happened
Bitcoin kicked off the week with one of its sharpest single-day moves in recent memory, sliding to around $64,700 — a drop of roughly 5% within hours. The trigger? Reports that former President Donald Trump announced plans to raise global import tariffs to 15%, rattling both traditional financial markets and crypto alike.
Major altcoins followed Bitcoin down. Ethereum, Solana, XRP, and BNB all recorded meaningful declines. U.S. stock futures also moved lower, led by the Nasdaq, while gold and silver surged — suggesting investors shifted toward traditional safe-haven assets.
On-chain data painted a revealing picture of who's selling. Exchange data from CryptoQuant showed that the share of large Bitcoin deposits from the top 10 wallets climbed to its highest level since 2015, meaning big holders — not small retail investors — were responsible for most of the supply hitting exchanges. Average deposit sizes also rose to levels last seen in mid-2022, reinforcing the idea that large players are behind current market activity. Meanwhile, losses realized by recent Bitcoin buyers eased from a peak of roughly $1.24 billion per day (on February 6) to around $480 million per day — a signal that panic selling has started to slow, even if it hasn't stopped entirely.
Why It Matters
When macro events like tariff announcements hit the news, crypto markets often react fast — sometimes faster than traditional markets. This happens because crypto trades 24/7 with no circuit breakers, and many participants use leverage, meaning price moves can get amplified quickly.
The fact that large holders are now the dominant sellers is an important signal. When small retail traders sell, it often represents fear. When large holders sell, it can indicate portfolio rebalancing, profit-taking, or hedging against broader economic uncertainty. Neither is automatically bearish forever — but it's worth understanding who is actually driving the market.
The bottom-building phase described by analysts like Glassnode refers to the period where panic fades, sellers exhaust themselves, and the market starts to find a floor before the next directional move. It does not guarantee a specific direction — it simply means the most intense selling pressure is easing.
One key thing to watch: as tariff policies evolve, traditional markets and crypto may remain tightly linked in the short term, as both reflect global risk appetite.
Key Takeaways
Bitcoin dropped ~5% to around $64,700 following reports of new U.S. tariff plans.Major altcoins (ETH, SOL, XRP, BNB) all saw declines in sympathy.Large holders, not retail traders, are currently driving the majority of exchange sell flows.Daily realized losses have declined from $1.24B to ~$480M, suggesting panic is easing.Gold and silver rallied as investors rotated toward traditional safe-haven assets — a classic risk-off pattern.
#CryptoMarket #MacroAlert #btcdip #TariffShock #CryptoNews

In einem dramatischen und unerwarteten Schritt hat der US Supreme Court ein Urteil gefällt, das die Entscheidung von Ex-Präsident Donald Trump zu den Tarifen direkt herausfordert und sofortige Schockwellen durch die globalen Finanzmärkte sendet. ⚖️
Monatelang generierten die Tarife starke Einnahmen für das Land, und viele Analysten glaubten, dass sie den US-Dollar leicht unterstützten, indem sie die Einnahmen aus dem Handel stärkten und die externen Salden strafften. Die Politik wurde als strukturelle Säule angesehen, die half, die Stabilität des Dollars aufrechtzuerhalten.