#CreatorPad šŸ“‰ August 1–3 Market Crash — What Really Happened?

Between August 1 and 3, global markets—including crypto—saw a sharp downturn as investors reacted to a mix of macroeconomic and geopolitical shocks. The crypto market cap dropped by over 7%, with Bitcoin sliding to around $115K and Ethereum falling below $3.7K. Altcoins like Dogecoin and Solana faced even steeper losses.

The sell-off was triggered by Trump’s unexpected tariff announcements, renewed fears of high U.S. interest rates, and weaker economic data. These factors drove a ā€œrisk-offā€ mood across markets. The panic was amplified by over $900 million in crypto liquidations, wiping out leveraged positions and accelerating the decline.

Technical factors also played a role—Bitcoin had recently peaked near $123K, and many traders locked in profits as key support levels broke.

While volatility remains high, experts suggest this drop may present opportunities for long-term investors who believe in blockchain’s fundamentals. As always, staying informed and avoiding panic-driven decisions is crucial.

The crash highlights how global policies, economic signals, and market psychology are now deeply interconnected—and how crypto is no longer immune to traditional market pressures.

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