📉 The cryptocurrency market is declining: what is behind it?
Today's drop in the cryptocurrency market is not accidental. BTC has fallen below $115K, ETH to $3,500. Altcoins (SOL, XRP, DOGE, etc.) are down 6–9%. The reasons are complex, but key ones include:
🧨 Geopolitics hits assets
🔹 Donald Trump made a tough statement, hinting at the possibility of a military response from the USA in case of a threat — this has intensified global instability. Although there was no official mention of a nuclear threat, the rhetoric has caused a strong resonance in the media.
🔹 “Eastern opponent of the West” - “one of the countries frequently mentioned in geopolitical news” published a series of loud statements about the possibility of “asymmetric actions” in response to Western sanctions. Markets immediately reacted with increased fear and a sell-off of risk assets.
🔹 The USA has imposed new tariffs, including a 35% tariff on imports from Canada. This has caused panic not only in the stock market but also in the cryptocurrency market.
📊 Result — mass liquidations
According to CoinGlass, over $900 million in positions were liquidated in just one day — mostly long positions. Binance, OKX, and Bybit are at the top in terms of liquidation volumes.
📌 Conclusion
The cryptocurrency market remains vulnerable to politics, macroeconomics, and the loudness of statements.
