#CryptoNewss

The crypto market didn’t just dip randomly—today's decline has clear roots in larger global events. It all started with President Trump’s new tariff plan announced on April 5, which brought major shockwaves to global markets. This aggressive move includes a 10% universal import tax and steep tariffs of 20% on the EU, 26% on Japan, and 34% on China. As the world braces for more tariffs set for April 9, concerns about a potential trade war are driving investors to pull back from riskier assets, including crypto.

In the aftermath, $BTC has dropped below $75,000, a significant hit with nearly a 10% drop in a single day. $ETH is suffering too, down by over 19%, while $BNB is also following suit. The crypto market has been hit hard, but it's not just digital currencies—nearly $1.5 billion worth of liquidations have occurred within hours, wiping out both long and short positions.

On top of this, the global stock market took a heavy blow on April 4, with $3.25 trillion in global equities erased. It’s a cascading effect—stocks, crypto, and high-risk assets are all facing a crisis of confidence. As fear grips the market, liquidations are skyrocketing, and panic is spreading.

The underlying issue? Trump’s tariffs, the fear of a trade war, a broader economic slowdown, and massive sell-offs. This isn't just a typical dip—it's a market-wide shakeup, sending a clear message that the global economic landscape is far from stable.

Stay cautious—this may be the beginning of more turbulence ahead.