Why Crypto Is Crashing Today? | Airdrop Alert Pro

Today’s crypto market suffered a major setback today, with global market value falling 4.90% to $2.99 ​​trillion. The sharp surge in transaction volumes, which surged 75.57% to $143.57 million, reflects the intensification of panic sales across the market. The Fear and Greed Index has dropped to 29, indicating that investors are responding to broader economic problems and moving towards fear.

Is political uncertainty significant in cryptocurrencies?

The statement from former U.S. President Donald Trump shocked market sentiment that import tariffs on Canada and Mexico will continue to move forward. The 30-day pause of tariffs will expire soon, which increases global economic uncertainty. Since then, the market has also seen more than $914 million in value liquidation within 24 hours. As a result, investors are now worried that the potential ripple effect on financial markets, and cryptocurrencies are one of the worst hits.

Bitcoin and altcoins carry calories!

Bitcoin price fell 4.03%, and its label fell to $91,839.04. With its dominance of 61.1%, its downturn is under great pressure on the wider crypto landscape. Ethereum, Solana and XRP also experienced sharp declines, losing 8.24%, 12.02%, and 8.41%, respectively.

Interested in BTC’s next big milestone? Read ours Bitcoin price forecast 2025, 2026-2030!

The highest bonus and loser

Although the market is primarily located in waters, some assets ignore this trend. IP tokens are the biggest profiter, soaring 27.20% in 24 hours. Dexe and Paxg also released modest growth, up 4.51% and 0.28% respectively.

At the end of the failure, Lido Dao led the market to decline by 14.48%. SUI and AAVE followed closely with losses of 14.31% and 14.25% respectively.

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