Under the impact of tariff policies, the US stock market fell sharply yesterday, and the cryptocurrency market also declined, reminiscent of the April situation.
At that time, the tariff dispute escalated, causing the US stock market to decline continuously, dragging Bitcoin down from 100,000 to below 80,000; later, due to the easing of the situation, the US stock market strengthened against the trend, with the Nasdaq experiencing a deep V rebound and reaching new highs in July.
Now, with the tariff escalation on August 1st, global financial markets are under pressure, and the significant drop in the cryptocurrency market is a direct response. $BTC $ETH #加密市场回调