#TrumpTariffs
*🚨🇦🇺 Market Alert: What's Dragging Crypto Down Today?*
Everyone's saying "market is down," but no one's telling you "why?" 🤔. So here it is—what's actually dragging crypto down today:
Trump's Tariff Plan
- 10% universal import tax 🌎
- 20% on EU 🇪🇺
- 26% on Japan 🇯🇵
- 34% on China 🇨🇳
These policies officially rolled out on April 5 and have shaken up global markets 🌪️, with more scheduled for April 9.
Trade War Fears
Investors are dumping risk assets—including crypto 📉, due to fear of a trade war.
Crypto Market Impact
- $BTC has dropped below $75,000 with nearly a 10% daily loss 📊
- $ETH is down over 19% 📊
- $BNB is sliding too 📊
Liquidations
Nearly $1.5 billion wiped out in hours, both long and short positions, adding fuel to the chaos 💸.
Global Market Impact
The stock market crash on April 4, where $3.25 trillion was wiped from global equities, only added to the fear 📉.
What's Happening?
People are panicking, the macro landscape is shaky, and money is flying out of high-risk assets 🚨.
In Short
It's Trump's tariffs, global panic, mass liquidations, and shattered confidence 🤯. This isn't just a dip—it’s a warning shot 🔥. Stay sharp!