The crash that occurred from August 1 to 3, 2025, caused the price of Bitcoin to drop below $113,000 amid global market turmoil. This 13% correction coincided with significant declines in stock markets, driven by unexpected economic weakness. Despite the short-term pain it caused, these fluctuations revealed important macro correlations that traders should monitor. The main catalysts were the pressures in traditional markets, which were the primary cause of the sell-off in cryptocurrencies, including these pressures:
• Surprise announcement from Trump about new tariff policy
• Disappointing July job report (73,000 vs. 200,000+ as expected)
• Panic in the bond market with government bond yields hitting record lows
• Disappointing financial results from Apple and Amazon
Reflections on trading: Over a billion dollars in cryptocurrency trading positions were liquidated within just 24 hours, as leveraged traders faced margin call demands. Despite ongoing short-term volatility, the 'Project Crypto' initiative by the U.S. Securities and Exchange Commission (SEC) may provide regulatory clarity that supports institutional participation. The resilience of Bitcoin below the $120,000 level indicates strong support levels despite prevailing market uncertainty. It is advisable to reduce leverage, monitor U.S. inflation data (currently at 2.8% for core consumer prices), and prepare to capitalize on potential opportunities when institutional capital reassesses its entry points. Earn#MarketPullback #BitcoinDunyamiz #TrumpTariffs #EarnFreeCrypto2024 #ETHCorporateReserves $BTC $XRP $SOL
