š Why Is the Crypto Market Dropping Today? š
Most Crypto prices are sliding due to a mix of macroeconomic pressures and market dynamics, leading to increased sell-offs.
- Trumpās tariff threats: New tariffs on Canada and Mexico spark market uncertainty.
- Massive liquidations: Over $500M in BTC futures liquidated in 24 hours.
- ETF outflows: $BTC ETFs have lost $1.77B since Feb. 17, forcing providers to sell BTC.
- Bearish technical signals: Market sentiment remains weak, increasing selling pressure.
- $ETH is not yet recovering from the #BybitSecurityBreach
Will the market recover soon, or is more downside ahead?