#RiskRewardRatio #TrumpTariffs
👀Everyone must read this breaking news of crypto Market 😒😳😲
The recent decline in the crypto market is primarily due to economic turbulence triggered by new tariffs introduced by Trump. On April 5, he announced a 10% universal import tax, along with steep tariffs on the EU, Japan, and China. These measures sparked fears of a trade war, leading investors to sell off risk assets, including cryptocurrencies. As a result, Bitcoin fell below $75,000, Ethereum dropped over 19%, and Binance Coin also saw a decline.😭
The situation worsened with a major stock market crash on April 4, which saw $3.25 trillion wiped off global equities. This created further panic, driving investors away from high-risk assets. The combination of Trump's tariffs, mass liquidations, and general market uncertainty is shaking investor confidence and contributing to the broader market slump.💔
