🚨 CRYPTO CRASH ALERT: Why Altcoins Are Tanking Today (Aug 2) 📉

Bitcoin just crashed to $115K, ETH barely holds $3,700, and altcoins like $SOL, $XRP, $DOGE are down 6-12%! Here’s why:

🔴 3 Reasons Behind the Bloodbath

1️⃣ Trump’s Tariff Bombshell

New 25-39% tariffs on India, Switzerland, and South Africa spooked markets 16.

Inflation fears → Fed rate cuts delayed → Liquidity drying up 39.

2️⃣ August’s Crypto Curse

BTC dropped 8.6% in August 2024, ETH 22% last August 14.

Historical trend: Worst month for crypto since 2015 2.

3️⃣ $1B+ Liquidations!

Altcoins got wrecked: $SOL, $ADA, $DOGE longs liquidated hardest 68.

ETH futures saw a $13.7M liquidation on Binance alone 6.

💡 What’s Next?

Key BTC support: $116K (break = crash to $110K) 38.

Fed watch: No rate cuts = more pain? 9.

Altcoin apocalypse? Index at 37/100—capital fleeing to BTC 4.

👇 Drop your take:

Buying the dip?

Or waiting for lower lows?