#CryptoRegulation Here are the main triggers behind the sharp decline in the market:

1. Profit-taking at resistance:

Bitcoin reached $105K, triggering massive sales and liquidations.

2. Inflation concerns:

The anticipation of CPI data worried traders about delays in rate cuts.

3. Geopolitical tensions:

Proposed tariffs by Trump on China + fears regarding global trade = panic selling.

4. Over-leveraged positions wiped out:

A cascade of margin calls led to the disappearance of $500 billion from market value.

5. Regulatory concerns:

The refusal of the U.S. Senate to pass legislation on stablecoins spooked investors.