Crypto Market Summary: Historic Drops and Global Tension
📉 Widespread Collapse: Financial markets, including Bitcoin (#BTC) and Ethereum (#ETH), have suffered significant declines. Bitcoin lost 10% and Ethereum 20% in just 48 hours, driven by panic in the U.S. and Chinese stock markets.
💥 Key Causes:
- Donald Trump's trade policies (such as tariffs and tension with China) have created uncertainty, reminiscent of the 2008 crisis.
- Traditional markets are collapsing, affecting liquidity and appetite for risk assets like #Cryptocurrencies.
🔄 Possible Scenarios:
- Hedge funds are in "short" positions (betting on declines), but some technical indicators suggest a rebound soon if there are changes in policies.
- The Federal Reserve (Fed) could intervene to calm the markets, which would impact Bitcoin.
🔍 What to Watch:
- Actions of Trump and China: Any agreement or escalation will affect the market.
- Key supports of BTC: If it breaks new lows, the decline could deepen.
⚠ Conclusion: High volatility moment. #Cryptocurrencies remain tied to traditional markets, but they could recover if the macroeconomic outlook improves.$BTC