Crypto Market Volatility
The overall market cap dipped about 2%, settling around $3.02 trillion, with Bitcoin sliding 2.4% to roughly $87,434 and Ethereum following suit with a 1% drop to $2,993. This volatility triggered massive liquidations, wiping out over $270 million in positions, mostly longs getting rekt amid the downturn.
On the political front, President Trump's aggressive trade policies, including new tariffs, dominated headlines. These moves spooked investors, amplifying risk aversion and contributing to the crypto sell-off. While Trump's pro-crypto stance—like pushing Bitcoin stockpiles—has boosted adoption earlier in 2025, this tariff turbulence highlights how politics can quickly sour sentiment. The impact? Heightened caution among traders, potentially delaying recovery until clarity emerges.
In short, stay vigilant—crypto's tied to global politics more than ever.
Stay tuned for tomorrow’s pulse!
