Base

3 Reasons BTC and crypto dumped?
1) Tariff news 
The US has imposed tariffs on Canada, Mexico, and China.Tariffs lead to high inflation and a strong US dollar, which is bearish for risk-on assets. 
2) Liquidation Cascade 
The recent dump caused nearly $2B in liquidations, which is even higher than the Covid and FTX crashes. 
3) Uncertainty 
There's a lot of uncertainty around more tariff events, which are getting priced in.
Overall, this is a once-in-a-year panic situation, and usually it ends up being the bottom.

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