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📉 Crypto Market Makes Waves Over 36 Hours

Bitcoin & Ethereum dipped ~3% amid U.S. tariff fears, then clawed back modest gains—hinting at a potential bottom. Traders are eyeing support zones ($110 K–$112 K for BTC; $3,450–$3,600 for ETH) as speculative pressure eases. The drop triggered liquidations across leveraged futures, amplifying volatility.

Behind the scenes:

A surge in risk-off sentiment followed new tariffs announced on August 1. Stocks & crypto both retracted rapidly before stabilizing under ETF inflows and weak macro data.

Outlook:

If U.S. labor reports soften or ETF inflows pick up this week, we could see a rebound toward $118 K–$120 K for BTC and a push toward $3,900–$4,100 for ETH.