$BTC
Everyone’s saying “the market’s down,” but no one’s really explaining why. So here’s what’s actually going on—this isn’t just a random red candle on the charts.
It all started with Trump dropping a tariff bomb. On April 5, he slapped a 10% tax on all imports into the U.S.—and it doesn’t stop there. EU goods got hit with a 20% tariff, Japan’s facing 26%, and China? A brutal 34%. And more hikes are coming April 9. That triggered immediate panic across global markets.
Why does that matter for crypto? Because when the fear of a trade war kicks in, risk assets are the first to take a hit. Investors start pulling money fast—and that includes crypto.
Bitcoin dropped under $75K, shedding nearly 10% in 24 hours. Ethereum nosedived over 19%. BNB, Solana, and others followed suit. Liquidations? Massive. Over $1.5 billion wiped out in hours—both longs and shorts got rekt, making the crash even worse.
And it’s not just crypto. On April 4, the stock market lost over $3 trillion in global equities. Everything is bleeding. The vibe across markets is pure fear—no one wants to hold anything risky right now.
Bottom line: This isn’t just “another dip.” With Trump’s tariffs, panic across global markets, insane liquidations, and broken investor confidence—this could be the start of something way bigger. Eyes open.