Everyone says "the market is down", but no one asks you "why?" So, here is the real reason behind the decline of cryptocurrencies today.
The market did not crash randomly - this decline was due to something much bigger than charts and candles. It all started with Trump's new tariff plan: a global import tax of 10%, plus an aggressive tax of 20% on the European Union, 26% on Japan, and 34% on China. These policies were officially implemented on April 5, and they shook global markets, with more set to take effect on April 9. The fear of a trade war is real, and investors are shedding risky assets - including cryptocurrencies.