#CryptoTariffDrop The decline of the cryptocurrency market over the past week is due to several key factors: 

1. U.S. Trade Tariff Policy: The administration of U.S. President Donald Trump has imposed new trade tariffs causing uncertainty in the global economy. This led to sell-offs in many sectors, including cryptocurrency. 

2. Outflow of funds from Bitcoin and Ethereum ETFs: Over the past two weeks, Bitcoin ETFs in the U.S. have recorded a net outflow of $1.14 billion - the largest since their launch. This withdrawal was triggered by concerns over tariffs, inflation, and monetary policy. 

3. Change in investor sentiment: Data from social media indicates an increase in bearish predictions for Bitcoin. Many retail investors who entered the market at the end of 2024 have started selling their assets at lower prices, exacerbating the price decline. 

4. U.S. macroeconomic conditions: The U.S. stock market opened, including the E-Mini S&P 500 futures index, with a downward trend. Investors are still waiting for certainty regarding potential new tariff policies from the Trump administration that could trigger an escalation of the trade war. 

The combination of the above factors has contributed to a significant decline in the cryptocurrency market over the past week.