| U.S.–China Trade War Fears |
Trump’s 100% tariff on Chinese tech imports sent shockwaves across global markets. |
Investors dumped high-risk assets like crypto in favor of safer instruments. |
| Massive Liquidations |
Over $19B worth of long positions were wiped out in 24 hours. |
Leverage accelerates market declines and triggers panic selling. |
| Weak Market Catalysts |
No major bullish narratives (e.g. ETF launches, adoption surges) to offset fear. |
The lack of new money made the crash sharper and faster. |
| ETF Outflows |
Institutional investors began pulling out from spot BTC and ETH funds. |
This reduced market depth and amplified volatility. |
| Stronger U.S. Dollar & Rates |
The dollar index hit new… |
