Today, the cryptocurrency market experienced a significant pullback, with Bitcoin (BTC) falling below the $64,000 mark, reaching a low of $63,877, marking the lowest point since February 6; Ethereum (ETH) also simultaneously fell below $1,900, currently fluctuating around $1,830.
This decline is primarily due to increased risk aversion in the macroeconomic environment. Former U.S. President Trump announced over the weekend that global tariffs will be raised to 15%, intensifying market concerns about trade wars and economic slowdown, leading to simultaneous declines in U.S. stock futures and cryptocurrencies. Additionally, rising geopolitical tensions in the Middle East have prompted funds to shift from high-risk assets to traditional safe havens like gold.