📉 Cryptocurrency Market Summary – Yesterday
The digital markets experienced a sharp decline during yesterday's trading, influenced by statements from U.S. President Donald Trump announcing an increase in tariffs on China to 100% and tightening restrictions on the export of sensitive software.
These statements raised investor fears and pushed them to steer away from high-risk assets such as cryptocurrencies.
🔻 Key Numbers:
Bitcoin (BTC) fell to around $105,000 (-5%).
Ethereum (ETH) dropped to nearly $3,700 (-7%).
Billions of dollars in leveraged positions were liquidated, exacerbating the decline.
The market capitalization of cryptocurrencies lost about 2% over 24 hours.
📊 Main Reason:
A strong wave of selling driven by fears of a global recession and escalating trade tensions between the U.S. and China following Trump's statements.
