Wow, what a drop in price across all crypto look at this heatmap showcasing it
Bitcoin is down 8% and most altcoins are down 20%, 30% today. Bitcoin has its drawdown in a bull market or correction in beginning of bear market, but it's better than altcoins.
Bitcoin today is over 2K liquidated which should not be seen surprising to those being here for times now having been aware of how effective the global economy system can affect the value of bitcoin and other cryptocurrencies. This are most accused of Trumps tarrif policies because investors economy stock investors now have poor budgets and could not afford to buy bitcoins or diversify to other cryptocurrencies.
Obviously this poor liquidation that has affected the alts is the decline for bitcoin to maintain stability if at all it can't climb up. So the alt coins being dependant to it market values also get affected.
While manu are busy crying out at this looked crippling of the crypto markets, some other investors are accumulating but I only pity for those who invested on the coins with poor market cap that cant hold good values and resists dust at this bad times for the market.