$ETH #TrumpTariffs
Everyone’s saying “the market’s down,” but no one’s explaining why. So here’s what’s really behind today’s crypto crash.
This wasn’t some random sell-off. The trigger? Trump’s new tariff plan. On April 5, his administration rolled out a 10% universal import tax—plus even steeper rates: 20% on the EU, 26% on Japan, and a massive 34% on China. More tariffs are set to hit on April 9. The threat of a global trade war just got real, and investors are fleeing risk—crypto included.
Bitcoin has plunged below $75K, down nearly 10% on the day. Ethereum’s taken a harder hit, down over 19%. BNB’s also sliding. Across the board, over $1.5 billion in long and short positions have been liquidated in just hours—pouring gasoline on the fire.
Add to that the April 4 stock market wipeout, where $3.25 trillion in global equities vanished, and you’ve got full-blown panic. This isn’t just a crypto correction—it’s a broad risk-off move. Global uncertainty, shaken confidence, and aggressive liquidations are all stacking up.
Bottom line: this isn’t just a dip. It’s a wake-up call. The pressure’s macro, and the fear is spreading. Stay alert.
BTCUSDT
78086
-0.12%
ETHUSDT
1,520.56
-1.76%
BNBUSDT
560.53
+1.72%
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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