$BTC Why are cryptocurrencies collapsing these days? Here's what is really happening

Cryptocurrency markets have experienced a sharp decline recently. Here are the main reasons behind this sudden drop:

🔻 1. Profit-taking and liquidations

After Bitcoin reached its all-time highs, many investors began taking profits, resulting in liquidations estimated at around a billion dollars of positions.

🕊️ 2. Political and economic tensions

The ongoing tensions between China and the United States, along with public disputes between Trump and Elon Musk, have increased uncertainty. Additionally, rising inflation data in the United States has heightened expectations for interest rate hikes, pushing investors away from riskier assets.

📊 3. Technical signals and seasonal correction

Technical indicators showed signs of overbought conditions and weakening momentum. Additionally, June is historically a weak month for cryptocurrencies, adding to the selling pressure.