On the night of April 6–7, the crash began:
Bitcoin dropped 8%, Ethereum — 20%
Stock markets also plunged — S&P 500, Dow Jones, Nikkei
The reason? A trade war between the U.S. and China.
Trump imposed tariffs on 185 countries, and China responded with restrictions
The Fear Index dropped to 23. Crypto market cap is now $2.3 trillion. Crypto stocks and altcoins — deep in the red
Experts warn about a possible recession
But there are still optimists: Arthur Hayes believes BTC could rise in the long term