Everyone’s talking about how “the market’s down,” but nobody’s really breaking down why. So here’s the real story—what’s actually dragging crypto through the mud today.
This wasn’t just some random dip on the charts. It started with Trump dropping a bombshell: new import tariffs. He’s slapped a 10% tax on everything coming into the U.S., plus even higher ones—20% for EU goods, 26% for Japan, and a heavy 34% on China. These kicked in on April 5, and more are on the way come April 9. Naturally, the global markets are freaking out. The fear of a full-blown trade war is enough to send investors running from anything risky—including crypto.
That’s why Bitcoin tanked under $75K, losing nearly 10% in a day. Ethereum? Down over 19%. BNB’s in the red too. And liquidations? Through the roof—about $1.5 billion got wiped in just hours. Both long and short positions got caught in the crossfire, which only made things worse.
And don’t forget—on April 4, the stock market took a beating too. Over $3 trillion vanished from global equities. So it’s not just crypto—everything’s bleeding right now. People are spooked, markets are shaky, and no one’s feeling brave with their money.
Bottom line? It’s not “just another dip.” Between Trump’s tariff war, global market panic, insane liquidations, and shattered confidence—this might be the start of something bigger. Stay alert$BTC w