🚨BREAKING NEWS🚨The reason of this fall⚠️
On February 6, 2025, the crypto market saw a sharp decline due to several key reasons:
1. U.S.-China Trade Tensions – China imposed retaliatory tariffs of up to 15% on U.S. goods, prompting President Trump to announce further tax hikes on Chinese imports. This created market uncertainty, leading investors to pull money out of high-risk assets like cryptocurrencies.
(Source: Barrons)
2. Hedge Fund Warning – Elliott Management, a major hedge fund, warned that the U.S. government's support for cryptocurrencies was fueling a speculative bubble that could burst and cause significant market disruption. This statement added to investor fears, increasing selling pressure.
(Source: Financial Times)
3. Federal Reserve Interest Rate Concerns – The U.S. Federal Reserve hinted at a possible interest rate hike, leading investors to withdraw from crypto assets due to concerns over inflation and rising borrowing costs.
(Source: Crypto Ninjas)
These combined factors triggered a significant drop in the crypto market on February 6, 2025.
