Summary of the Current Crisis in the Crypto Market

1. **Significant Price Drop:**

The recent collapse has crippled the market, with the market capitalization losing more than 3.2% over 24 hours.

Bitcoin fell below $114,000 (loss ≈ −3%) and contributed to a broader sell-off.

Most altcoins (such as Solana, XRP, ADA, DOGE) recorded declines of −5% to −10%.

2. Reasons for the Decline:

Global economic volatility, as new U.S. tariff decisions on several countries sparked concern among investors and led to a direct rush to sell.

The U.S. Federal Reserve maintained high interest rates and did not adjust its accommodative policies, raising fears of weak liquidity in the global market ☑️.

3. **Mass Liquidations:** #سوق_رقمي #كريبتو

Liquidations occurred on leveraged contracts worth over $600–635 million, mostly in “long” altcoin positions, which then increased technical selling pressure.

4. **Negative Technical Indicators:**

Volume surged suddenly with each wave of decline.

The overall market RSI reached below 30 (oversold) (~27.2), while the EMA21 shows a clear downward trend. $BTC