#CryptoCrisis
Why is the crypto market crashing today?
A wave of sell-offs has gripped the crypto market, dragging prices lower as macroeconomic uncertainty spooked traders on March 10.
The downturn followed comments from U.S. President Donald Trump in a March 8 Fox News interview, where he acknowledged that his economic policies could result in temporary economic pain.
His dovish statements on budget cuts and trade tariffs raised concerns about increased market volatility, prompting investors to move away from risk assets like cryptocurrencies.