#CryptoTariffDrop

The market was impacted by the recent U.S. tariff decisions, with the price of Bitcoin dropping by 5% to reach $82,200, and the price of Ethereum falling by 6% to $1,797.¹² Additionally, the total market value of cryptocurrencies decreased by approximately $200 billion from its peak.

*Key factors contributing to this decline:*

- U.S. Tariffs: The announcement by President Donald Trump of new tariffs increased uncertainty and volatility in the market.³⁴

- Global Market Reaction: The tariffs affected investor sentiment across various sectors, leading to a widespread sell-off in the market.

- Leveraged Positions: Many traders use margin to amplify gains, but during downturns, forced liquidations accelerate losses.⁵