#BTC #Ethereum #solana
May 30, 2025 — The crypto market took a major hit.
#Bitcoin dropped below $105K, #Ethereum sank to around $2,553, and #Dogecoin fell nearly 10% to $0.1976. Overall, the market lost 2.6% of its value, bringing total crypto market cap down to $3.34 trillion.
So, what caused the crash? A mix of big factors:
1️⃣ Geopolitical Tensions:
Trade tensions between the US and China are heating up again. Talks seem stuck, and there are new accusations of tariff violations. That kind of uncertainty always freaks out investors, and riskier assets like crypto are the first to get dumped.
2️⃣ Technical Sell-Offs:
As Bitcoin’s price dropped, it triggered a wave of liquidations in leveraged positions — over $683 million wiped out. It’s a reminder of how fast things can spiral in this market.
3️⃣ Regulatory & Economic Concerns:
Even though inflation has cooled slightly, there’s still anxiety around possible future interest rate hikes and tighter crypto regulations. All of that adds more pressure on the market.
Despite the chaos, some analysts believe this is just a healthy correction — part of the normal cycle.
For now, it’s all about staying informed and being smart with your moves. Volatility isn’t going away anytime soon. $ETH $BNB $ILV
