#BTC☀️ Why Cyptro Market is Down Today : Trade Fear , liquidations , and technical weakness 👇
The cryptocurrency market experienced a notable dip on May 29, driven by a mix of geopolitical tension, technical weaknesses, and investor anxiety. The downturn began during late U.S. trading hours, following remarks by U.S. Treasury Secretary Scott Bessent, which confirmed a stall in trade discussions with China.
This development triggered a risk-off sentiment across global financial markets, spilling over into digital assets. As a result, major cryptocurrencies recorded significant price declines, with Bitcoin leading the sell-off.