What's up, my lovely people! 👋 Are you ready to find out why the cryptocurrency market is redder than a traffic light during rush hour? Well, hold on tight because this is serious business! 🚨

It turns out that today, the crypto world woke up to a brutal bloodbath, losing more than 2% of its total value. That is, Bitcoin, Ethereum, XRP, SOL, and all the others, went south! 📉 This is because investors are scared and don’t want to risk a single green bill. 💸 But why so much fear? Here’s the full scoop! 👇

First of all, the tension in the Middle East has everyone on edge. 🤯 The conflict between Iran and Israel is making global investors nervous. Imagine that the White House even said that in two weeks they will decide whether to get involved in the conflict or not! 🇺🇸 This, combined with what the very Donald Trump said, has people wondering what will happen. So, with so much geopolitical fuss, it’s normal for people to start saving their money.

Then, we have the Federal Reserve of the U.S. (the Fed), which has everyone on edge with its interest rates. 🏦 It was expected that they would lower them, but no way! They kept them the same. Although on Friday, Governor Christopher Waller let it slip that they might lower them in July, that was a breath of fresh air! But the Fed chair, Jerome Powell, is more cautious and says they will wait to see how the data goes. So, amidst the back-and-forth, uncertainty continues to reign.

And as if that weren't enough, the Stock Market is also in reverse. 📉 It has always been seen that Bitcoin follows the steps of the S&P 500, like it’s its shadow! And since stocks are down due to the same geopolitical and economic factors, cryptocurrencies copied the move. 🤷‍♂️ When the Stock Market sneezes, cryptocurrencies catch a cold!

Additionally, there has been a massive liquidation in the crypto market. 💸 This means that people are selling their cryptocurrencies like hotcakes, because since they have risen quite a bit lately, many are taking the opportunity to grab their profits before things get worse. Imagine that $458.43 million was liquidated in the last 24 hours! 😱 Ethereum was the one that suffered the most, with $157.41 million in liquidations!

And last but not least, interest in Bitcoin ETFs has dropped! 📉 It turns out that on Friday, Bitcoin investment funds in the U.S. only received $6.4 million, when last week they had received a whopping $1 billion! 🤯 This tells us that even the big players, institutional investors, are playing it safe and do not want to risk their millions amid so much instability. To top it off, the Ethereum ETF had its first weekly capital outflow. That’s why Ethereum also plummeted, losing more than 5%! 📉

So you all know, my people, the crypto market is more active than a basket of mangoes. We need to stay alert and keep our eyes wide open! 👀$BTC $ETH $XRP