Check stock market and you will notice that everything is falling down ever since the increase of tariff by Trump take effect.

Bitcoin and altcoin market just share the downtrend of global market because investors wants to secure money while the market is bearish. This is just a temporary downtrend for Bitcoin since there’s a strong demand for it when the price is down.

Same when the pandemic first hit. Crypto market plunge badly but recover afterwards even though stock market is still not recovering.