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$BTC Why is Bitcoin Price and Crypto Market Crashing Today? In place of a further uptrend, the investors witnessed the Bitcoin price and the crypto market crash today. Recently, the US-China trade deal succeeded, leaving the US reducing its tariff on China to 30% and China reducing it to just 10%. Although investors considered it a major win, especially after witnessing a massive crash with the tariff introduction, the hype faded soon, as the BTC and the rest of the altcoins’ prices plummeted. Let’s discuss the key reasons. Crypto Market Crash: Altcoins & Bitcoin Price Plummets Before US CPI Data Release On the US-China tariff deal, the Bitcoin price surpassed the $105k mark, and the rest of the altcoins also witnessed a significant uptrend. However, that all came crashing down as the BTC plummeted to a low of $100.7k, wiping out all the gains of the recent rally. At present, it trades at $102.8k and has lost nearly 1.5% of its value in the last 24 hours. Overall This crypto market crash happened as the investors turned cautious ahead of the US CPI data release today. Although experts anticipate a positive result, the uncertainty and possibility of different results have impacted investors’ confidence in the market. Along with BTC, Ethereum, Solana, and other altcoins, the price is also crashing. Interestingly, XRP’s price is bullish, and it gained the 3rd spot in the market due to increased blockchain users and Missouri’s proposed House Bill 594. Nearly $700M was liquidated in the crash per CoinGlass reports. Out of this, more than $200m was from Bitcoin futures, and $170M was from Ethereum, among many others. Interestingly, this was an anticipated move, as many crypto analysts like Ali Marinez anticipate a massive decline in BTC’s price.
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#CryptoRoundTableRemarks Why is Bitcoin Price and Crypto Market Crashing Today? In place of a further uptrend, the investors witnessed the Bitcoin price and the crypto market crash today. Recently, the US-China trade deal succeeded, leaving the US reducing its tariff on China to 30% and China reducing it to just 10%. Although investors considered it a major win, especially after witnessing a massive crash with the tariff introduction, the hype faded soon, as the BTC and the rest of the altcoins’ prices plummeted. Let’s discuss the key reasons. Crypto Market Crash: Altcoins & Bitcoin Price Plummets Before US CPI Data Release On the US-China tariff deal, the Bitcoin price surpassed the $105k mark, and the rest of the altcoins also witnessed a significant uptrend. However, that all came crashing down as the BTC plummeted to a low of $100.7k, wiping out all the gains of the recent rally. At present, it trades at $102.8k and has lost nearly 1.5% of its value in the last 24 hours. And’s This crypto market crash happened as the investors turned cautious ahead of the US CPI data release today. Although experts anticipate a positive result, the uncertainty and possibility of different results have impacted investors’ confidence in the market. Along with BTC, Ethereum, Solana, and other altcoins, the price is also crashing. Interestingly, XRP’s price is bullish, and it gained the 3rd spot in the market due to increased blockchain users and Missouri’s proposed House Bill 594. Nearly $700M was liquidated in the crash per CoinGlass reports. Out of this, more than $200m was from Bitcoin futures, and $170M was from Ethereum, among many others. Interestingly, this was an anticipated move, as many crypto analysts like Ali Marinez anticipate a massive decline in BTC’s price.
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#CryptoCPIWatch Why is Bitcoin Price and Crypto Market Crashing Today? In place of a further uptrend, the investors witnessed the Bitcoin price and the crypto market crash today. Recently, the US-China trade deal succeeded, leaving the US reducing its tariff on China to 30% and China reducing it to just 10%. Although investors considered it a major win, especially after witnessing a massive crash with the tariff introduction, the hype faded soon, as the BTC and the rest of the altcoins’ prices plummeted. Let’s discuss the key reasons. Others Crypto Market Crash: Altcoins & Bitcoin Price Plummets Before US CPI Data Release On the US-China tariff deal, the Bitcoin price surpassed the $105k mark, and the rest of the altcoins also witnessed a significant uptrend. However, that all came crashing down as the BTC plummeted to a low of $100.7k, wiping out all the gains of the recent rally. At present, it trades at $102.8k and has lost nearly 1.5% of its value in the last 24 hours. This crypto market crash happened as the investors turned cautious ahead of the US CPI data release today. Although experts anticipate a positive result, the uncertainty and possibility of different results have impacted investors’ confidence in the market. Along with BTC, Ethereum, Solana, and other altcoins, the price is also crashing. Interestingly, XRP’s price is bullish, and it gained the 3rd spot in the market due to increased blockchain users and Missouri’s proposed House Bill 594. Nearly $700M was liquidated in the crash per CoinGlass reports. Out of this, more than $200m was from Bitcoin futures, and $170M was from Ethereum, among many others. Interestingly, this was an anticipated move, as many crypto analysts like Ali Marinez anticipate a massive decline in BTC’s price.
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$BTC 1. Market Bounce:✅ A new trade agreement between China and the U.S. has boosted market confidence. . U.S. stock futures show a strong opening — S&P 500 is expected to jump nearly 4%, and the NASDAQ 100 may enter a bull market again.. . 2. Rate Cut Expectations Lowered: ✅ Traders believe the Federal Reserve will cut interest rates by just 25 basis points (0.25%) in September, instead of an earlier expected cut in July. They are also lowering their expectations for big rate cuts major central banks this year.. . 3. Investor Concerns Remain:✅ Although deal has been announced, it lacks specific details. Investors are worried that the trade tension could return after the 90-day suspension if no clear resolution reached.. . 4. Possible Extension:✅ This article U.S. Treasury Secretary Scott Bessent mentioned that the 90-day tariff suspension could be extended, but nothing is certain. . . In short:✅✅❤️ Markets are reacting positively to the U.S.-China trade talks, but investors remain cautious due to unclear terms and reduced hopes for major interest rate cuts.
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#TradeWarEases 1. Market Bounce:✅ A new trade agreement between China and the U.S. has boosted market confidence. . U.S. stock futures show a strong opening — S&P 500 is expected to jump nearly 4%, and the NASDAQ 100 may enter a bull market again.. . 2. Rate Cut Expectations Lowered: ✅ Traders believe the Federal Reserve will cut interest rates by just 25 basis points (0.25%) in September, instead of an earlier expected cut in July. They are also lowering their expectations for big rate cuts major central banks this year.. . 3. Investor Concerns Remain:✅ The Although deal has been announced, it lacks specific details. Investors are worried that the trade tension could return after the 90-day suspension if no clear resolution reached.. . 4. Possible Extension:✅ U.S. Treasury Secretary Scott Bessent mentioned that the 90-day tariff suspension could be extended, but nothing is certain. . . In short:✅✅❤️ Markets are reacting positively to the U.S.-China trade talks, but investors remain cautious due to unclear terms and reduced hopes for major interest rate cuts.
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