#MarketPullback

The cryptocurrency market continues in negative territory this Tuesday, May 6, 2025, with Bitcoin (BTC) trading around $94,668, representing a 0.3% change over the past 24 hours.

Cardano (ADA) is also showing a bearish trend, currently trading at $0.658691, down 4.35% over the past 24 hours.

This widespread decline in the crypto market is attributed to several factors, including geopolitical tensions: The imposition of new tariffs by the United States on products from China, Canada, Mexico, and the European Union has raised fears of a global trade war, negatively impacting risky assets such as cryptocurrencies.

ETF Capital Outflows: Bitcoin and Ethereum exchange-traded funds (ETFs) have seen record outflows, with massive withdrawals putting downward pressure on the prices of these assets.

Correlation with Traditional Markets: The decline in major stock indices, such as the S&P 500 and the Nasdaq, has dragged down the crypto market, demonstrating a high correlation between these markets.

In this context, investors remain cautious, and the crypto market could continue to face volatility in the short term.

Many analysts expect cryptocurrencies to begin a new bullish trend in the second half of 2025, provided macroeconomic conditions improve. #MarketPullback