The crypto market is experiencing a downturn due to several factors .

- *Trump's Latest Restrictions*: New export restrictions on Nvidia's chip exports to China, announced by the Trump administration, have spooked investors and led to a decline in the tech sector, which in turn has affected the crypto market. This move has stoked fears of another intense tariff cycle.

- *China's Potential Bitcoin Selloff*: Reports suggest that China may start offloading seized Bitcoin assets, worth around $16 billion, to counter domestic economic slowdowns. This potential selloff has contributed to the market's decline, as past selloffs by governments have shown that even modest liquidations can spark panic and drive prices lower.

- *Weakening Technicals*: The crypto market's technical indicators are showing signs of weakness. The total crypto market cap has fallen by around 3.65% in the past 24 hours to reach $2.58 trillion. The Relative Strength Index (RSI) is hovering around 47, below the neutral 50 mark, suggesting weakening buying pressure.

- *Liquidations in the Futures Market*: The cryptocurrency market's sell-off has coincided with a wave of liquidations in the futures market, totaling $245.37 million in the last 24 hours. Bitcoin and Ether led the losses with $51.54 million and $49.81 million in liquidations, respectively.

These factors have combined to create a perfect storm that's driving the crypto market down. However, it's essential to note that the crypto market is known for its volatility, and prices can fluctuate rapidly. As such, investors should stay informed and adapt to changing market conditions.#BinanceHODLerSOPH #Bitcoin2025 #TrumpTariffs