🚨 Crypto Market Downturn – What’s Happening? 🧠
🗓️ May 31, 2025
The crypto market is experiencing a sharp correction today. Here’s why prices are dropping:
🔻 $600M+ in Liquidations
Massive long positions were wiped out as Bitcoin fell below $104K, triggering a domino effect of forced selling.
🌐 Global Tensions Rising
Renewed U.S.–China trade friction has made investors cautious, pulling money from riskier assets like crypto.
📉 Bearish Technicals
BTC is trading below key support and may form a “death cross” – a signal traders see as a warning of more downside.
📜 Regulatory Uncertainty
The U.S. introduced the CLARITY Act, aiming to regulate crypto — but short-term confusion is shaking confidence.
😨 Market Sentiment
The Fear & Greed Index is leaning toward Fear — panic selling is replacing bullish optimism.