CMC AI Why is the market down today? Researched for 13s TLDR The crypto market fell 1.57% over the last 24 hours, extending a 3.2% weekly decline. Key drivers include escalating U.S.-China trade tensions, Bitcoin ETF outflows, and technical breakdowns below critical support levels.
Macro Risk-Off (Bearish Impact) – Trade war fears spooked equities and crypto.
ETF Outflows (Bearish Impact) – U.S. spot Bitcoin ETFs saw $858M net outflows this week.
Deep Dive 1. Macro Risk-Off Spillover (Bearish Impact) Overview: U.S.-China trade tensions escalated after China expanded rare earth export controls (Oct 17), triggering retaliatory tariffs. Bitcoin fell 3% to $108k, correlating tightly with Nasdaq (-0.90 24h correlation to SPY). Crypto’s sensitivity to risk assets intensified as investors fled to gold (+0.27% vs crypto’s drop).
What it means: Crypto remains a “risk-on” asset class, with 24h price action 90% correlated to tech stocks. Trade war headlines eroded confidence in growth-sensitive assets.
Watch for: Federal Reserve comments on tariffs’ inflation impact (next meeting: Oct 29-30).
2. Bitcoin ETF Outflows (Bearish Impact) Overview: U.S. spot Bitcoin ETFs recorded $858.7M in net outflows this week (Oct 13-17), reversing September’s institutional inflows. BlackRock’s IBIT saw its first outflow since January 2024, signaling profit-taking after BTC’s 2025 rally.
What it means: ETF flows drive short-term BTC price momentum. Sustained outflows could delay a market bottom until institutional buyers return.
3. Technical Breakdown & Leverage Reset (Bearish Impact) Overview: BTC broke below its 200-day EMA ($108k), triggering stop-loss orders. The total crypto market cap sits at $3.63T, below the 50-day SMA ($3.94T). RSI14 at 30.8 signals oversold conditions, but derivatives data shows panic: - Perpetuals volume surged 26% to $618T - Funding rates turned negative (-0.00056%)
What it means: Technical traders sold the breakdown, while negative funding rates discouraged longs. The market needs to reclaim $3.74T (Fibonacci 78.6% level) to stabilize.
Conclusion The crypto dip reflects a trifecta of macro uncertainty, institutional profit-taking, and technical breakdowns. With fear dominating sentiment (CMC Fear & Greed Index: 25/100), traders should monitor whether Bitcoin holds $104k support. Can ETF flows reverse before the Oct 30 Fed meeting?
📉 Why Does the Market Keep Crashing Again & Again? 🤔
Every time the market pumps hard and touches new highs, a sudden crash feels shocking… but the truth is, it’s just part of the cycle. Here’s why it happens:
1️⃣ Overheating After Rallies – Prices rise too fast, profit-taking kicks in, and corrections follow. 2️⃣ Whales’ Moves – Big players sell at the top, retail panic-sells after them. 3️⃣ Global News & Events – Interest rates, regulations, or any surprise economic update can shake the market instantly. 4️⃣ Fear Domino Effect – A small dip spreads fear, triggering bigger sell-offs.
⚡ My Take: Not every crash is bad — sometimes it’s the reset needed before the next big rally. 🚀
👉 Corrections are healthy. Without downs, there can be no sustainable ups.
The Mr How YouTube channel was terminated due to its strong stance against online scams, particularly the binary trading scam Binomo. Over time, Mr How exposed more than 50 scams that were misleading people in Pakistan and beyond. Many of these companies were also advertising partners of YouTube, which made the situation highly sensitive. In his videos, Mr How revealed personal data and operational details of scam companies, and also highlighted how certain vloggers were promoting fraudulent schemes. While the content was aimed at protecting viewers from scams, it was flagged for policy violations related to exposing personal or sensitive information. As a result, multiple complaints were filed against the channel, eventually leading to its termination. Despite this, Mr How had established itself as one of the top tech channels in Pakistan, providing free education in digital skills, online earning methods, and technology awareness to the youth. The termination was a setback for many who relied on the channel as a trusted source of learning and scam awareness. #mrhow #Pakistan #YouTube