🚨 Why Did Crypto Drop?

📉 The market saw a sharp pullback, with BTC near $113K and ETH sliding ~7% this week. Here’s why 👇

🔻 $1.5B in liquidations

Leveraged positions in derivatives were wiped out, sparking a chain reaction of selling.

🌍 Macro Pressures

Uncertainty over inflation & upcoming Fed data keeps risk appetite low.

Traders cautious after Fed’s earlier rate cut — waiting for fresh signals.

🏛 Regulatory Shifts

Markets adjusting to new rules:

• US–UK Transatlantic Taskforce launched to align standards.

• White House pushing Crypto Market Structure Bill.

• Platforms like Bullish securing BitLicenses = tighter oversight.

⚠️ Impact:

Weak momentum + liquidation cascade = steep declines across BTC, ETH, SOL & meme coins.

Support at $113K for Bitcoin now critical.

📊 Sentiment: Risk-off, fragile support

#MarketDrop #BLOOD #MarketPullback #TheInvestor90 #GENIUSAct