Bitcoin dropped below $114K.
Altcoins followed. Total liquidations: $632M in 24h.
What triggered it?
— New US tariffs shook global markets.
— Fed confirmed rates will stay high.
— BTC broke key support near $118K.
— August seasonality kicked in (historically bearish).
This isn’t just volatility.
It’s macro pressure + technical breakdown + panic.
Watch $110K — next critical level.
