As a result of the latest round of President Trump's trade war, the cryptocurrency market lost about 140 billion USD in just a few hours. Major declines were triggered by an immediate sell-off by short-term Bitcoin (BTC) holders, who sold a total of 18,930 BTC. Short-term investors disposed of nearly 19,000 BTC, resulting in sales worth approximately 1.56 billion USD. The number of short positions increased to 55.32%, signaling the possibility of further declines. BTC holders for 1 to 3 months sold 3,113 BTC, while BTC holders for 3 to 6 months sold 2,737 BTC. The largest wave of selling came from investors holding Bitcoin for 6 months to 1 year (3,983 BTC) and from 1 year to 1.5 years (9,097 BTC). At the time of the largest sell-off, Bitcoin was priced at 82,794 USD, indicating that the total value of sold assets was around 1.56 billion USD. Under current conditions, the market shows signs of weakness, and further declines in Bitcoin prices are not excluded. In my opinion, although the cryptocurrency market is independent and tariffs do not apply to financial services, which part of is the crypto market - investors are not convinced that altcoins are a good store of value.