The #CryptoMarkets has taken a hit, falling 6% due to concerns over President Donald trump’s trade policies. Trump's tariffs targeting Canada, Mexico, and China have spooked markets, leading to risk asset sell-offs. Since Trump's re-election, the S&P 500 has lost around 3%

Bitcoin has dropped 3.4% to $79,415, while Ether has plummeted 9.4% to $1,963. Dogecoin and XRP have also taken significant hits, falling 10% and 6.5%, respectively. Despite the announcement of a strategic Bitcoin reserve, markets continue to sell off, with over $939 million in crypto liquidations affecting 331,426 traders in the past 24 hours

Experts warn that economic headwinds are affecting market sentiment, with recession fears mounting. The US stock market is pessimistic, and a large stock market correction or fall is unlikely to boost the crypto market. Bitcoin may become a hedging asset in the future, but for now, investors see it as a high-risk asset that reacts strongly to market mood .$BTC #USStocksPlunge #MarketPullback #WhaleAccumulation #CryptoMarketWatch