Crypto Market Slump Amidst U.S. Tariffs and Geopolitical Tensions

Recent days have seen a significant downturn in crypto markets, primarily driven by US-China trade tensions and the Federal Reserve’s scrutiny of stablecoins. The latest tariffs on Chinese tech exports triggered widespread selling across exchanges like Binance, leading to substantial liquidations, estimated between $19-20 billion within 24 hours. Institutional and retail investors alike participated in these sell-offs, resulting in a sharp decline in Bitcoin’s price. The fallout highlights crypto’s susceptibility to global policy shifts, further intensifying the regulatory scrutiny of stablecoins.