Crypto markets slid sharply today as a fresh wave of macro uncertainty hit global markets. The move wasn’t “random.” It followed tariff-related headlines that revived trade-war fears and pushed investors into a classic risk-off posture—an environment where high-beta assets like Bitcoin and altcoins often take the first hit.
But the real damage came from market mechanics. Once the Bitcoin (BTC) price slipped through key intraday levels, leveraged positions began to unwind, triggering forced liquidations that accelerated the drop.

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