Crypto Markets Plummet Amid Geopolitical Concerns, Deeper Risk Factors Emerge

Cryptocurrencies experienced a sharp decline on Friday, with retail traders quick to attribute the drop to President Trump’s announcement of a 100% tariff on Chinese imports. However, analysts suggest the market’s vulnerability extends beyond geopolitical factors, highlighting deeper risk issues within the crypto sector and broader market sentiment shifts. Market decline linked to US-China trade tensions, but rooted in excessive leverage and market risks. Bitcoin and other cryptocurrencies saw significant liquidations amid heightened volatility. Crypto retail sentiment plummeted to its lowest point in nearly six months, reflecting increased fear.