❗Important Notice
The crypto market is going down and may continue to fall further. The reasons are explained below:
🇺🇸 The United States has announced new import tariffs on July 31, which will come into effect from August 7. This has created uncertainty among investors, causing a sell-off in risk assets such as Bitcoin and Ethereum. Major investors (whales and institutions) are pulling out of the market.
📉 In addition, $BTC , $SOL and $ETH have broken key technical support levels, triggering a widespread panic sell across other cryptocurrencies.
🔻 Over $500 million in leveraged positions have been liquidated as a result.
📊 There is also growing uncertainty regarding the U.S. Federal Reserve’s interest rate decisions.
What is your opinion about the Fed’s interest rate uncertainty? #MarketDownturn #TrumpTariffs