Featured News Headlines
Crypto Market Crash: BTC, ETH Drop Amid Fed Uncertainty and Trump Tariff Shock
Crypto Market Crash – The crypto market witnessed another dramatic downturn on Friday, with Bitcoin (BTC) falling from nearly $120,000 to $114,000, marking a 5.6% decline. Meanwhile, Ethereum (ETH) dropped even faster, plunging 10% from $4,000 to $3,500 within days. The correction triggered massive liquidations across exchanges, affecting more than 160,930 leveraged traders, and wiping out over $708 million, including $600 million in long positions.
Geopolitical Unrest Fuels Market Panic
Mounting global tensions and an unexpectedly disruptive U.S. jobs report rattled investors. The White House’s sweeping tariffs on multiple countries sparked fear across traditional and crypto markets. In a dramatic twist, the official responsible for the jobs data release was fired hours later, adding to the chaos. President Donald Trump further inflamed the situation by announcing that he had ordered nuclear submarines near Russian waters, intensifying market fears.
Analysts Predict Further Declines
Market analysts now warn that Bitcoin could fall to $80,000 before stabilizing, citing parallels with the earlier Trump tariff saga, when BTC tumbled from $100K to $75K. Despite a brief recovery driven by the Fed’s decision to maintain interest rates, Bitcoin quickly lost momentum, shedding over $4,000 in value.
Crypto Sentiment Turns Cautious
The Crypto Fear & Greed Index has dropped to 55, signaling a sharp shift from optimism to caution. This level reflects a growing risk-averse mood among investors, influenced by market volatility, social activity, and Bitcoin dominance.
While some Federal Reserve officials advocate for rate cuts, the central stance remains firm. With Trump poised to nominate a new Fed Chair by 2026, uncertainty looms large over the future of monetary policy—and the crypto market is watching closely.
