The reasons aren’t tariffs, trade wars, or anything else.
This is monthly OPEX (options expiration) time. High-leveraged traders and option investors (who, frankly, I don’t even consider them traders or investors lol) had to get rekt, and exchanges gave them what they deserved.
Free cheese can only be found in a trap.
Don’t be greedy, greed will always be punished.
Stay safe, stay low leveraged.