Everyone says "the market has fallen", but no one explains why. Here is what really lies behind today's cryptocurrency crash.
This was not some random sell-off. The trigger? Trump's new tariff plan. On April 5, his administration introduced a 10% universal import tax—plus even higher rates: 20% on the EU, 26% on Japan, and a massive 34% on China. More tariffs are set to take effect on April 9. The threat of a global trade war has become a reality, and investors are fleeing from risk—including cryptocurrencies.
Bitcoin fell below $75,000, marking a nearly 10% drop in a single day. Ethereum suffered an even greater blow, dropping over 19%. BNB is also losing. Worldwide, over $1.5 billion in long and short positions were liquidated in just a few hours—adding fuel to the fire.
Add to this the disappearance of $3.25 trillion in global stocks on the stock market on April 4, and you have full-blown panic. This is not just a cryptocurrency correction—it's a broad move towards risk avoidance. Global uncertainty, shaken confidence, and aggressive liquidations are piling up.
In summary: this is not just a decline. It's a wake-up call. The pressure is macro, and fear is spreading. Stay alert.