$BTC Why Is the Crypto Market Down Today? Let’s Break It Down:

1️⃣ Tech Sector Slump:

Big tech is falling → risk appetite drops → crypto gets hit harder. 🚨

2️⃣ China Dump Rumors:

Reports suggest China may be offloading $16B in BTC. Even the fear of that sparks panic selling. 🐉💸

3️⃣ Futures Liquidations:

Over $700M in long positions wiped out in 24h. The domino effect of leveraged trading continues. 💥📉

4️⃣ CPI Data Incoming:

With U.S. inflation data due, traders are pulling back. Nobody wants to get caught offside. 🧮💼

📊 Bottom Line:

This is a perfect storm of macro fear, market mechanics & uncertainty — not a fundamental collapse. Smart money watches, waits… maybe even accumulates. 👀🟢