Breaking
February 19, 2025

Why Is Crypto Crashing Today? Mustafa Mulla | usagoldmines.com

Why Crypto Market is Down Today? Top Reasons Behind the Market Crash

The post Why Is Crypto Crashing Today? appeared first on Coinpedia Fintech News

The crypto market is facing a massive sell-off, wiping out over $400 billion in just 24 hours. Major cryptocurrencies like Bitcoin, Ethereum, XRP, and Dogecoin have all taken a hit, with some dropping by nearly 20%. But what’s causing this sudden crash? Let’s dive into the key reasons behind the turmoil.

Trump’s Tariff War Sparks Fear

One of the biggest reasons behind the market drop is the recent trade war sparked by former U.S. President Donald Trump. Declaring a national emergency under the 1977 International Emergency Economic Powers Act (IEEPA), Trump imposed strict tariff rules, 25% on Mexico and Canada and 10% on Chinese imports.

The market reacted instantly, fearing higher prices, rising inflation, and economic instability. As a result, U.S. stock indexes fell sharply, dragging the crypto market down with them. 

Bitcoin Network Activity Slows Down

Aside from external economic factors, Bitcoin’s network activity has declined significantly. Data from CryptoQuant shows that the mempool is nearly empty. This means fewer transactions are taking place, which is unusual for Bitcoin.

Additionally, Bitcoin transaction fees have fallen to just 1 sat/vB, signaling low demand for block space. This is the lowest level of activity recorded since March 2024.

Crypto Sees $2.18 Billion in Liquidations

The market has also seen a wave of liquidations, with over $2.18 billion worth of crypto positions being wiped out in a day, affecting more than 715,000 traders.

Long traders suffered the most, losing $1.85 billion, while short traders lost around $334 million. The largest single liquidation happened on Binance, where one trader lost $25.64 million in a single trade.

Stronger U.S. Dollar Adds Pressure

Another factor weighing down Bitcoin is the strengthening U.S. dollar. The U.S. Dollar Index (DXY) has surged to 108.50, while the 10-year Treasury yield has risen above 4.54%. 

Historically, Bitcoin moves in the opposite direction of the dollar and Treasury yields, meaning a stronger dollar often leads to lower BTC prices.

Bitcoin’s Critical Support Level

Currently, Bitcoin is struggling to hold above $93,000. If it falls below the psychological support level of $90,000, analysts warn that further declines could be ahead. Meanwhile, the Crypto Fear & Greed Index has fallen to 38, shifting from Neutral to Fear.

However, if BTC manages to recover and break above $95,000, it could regain its bullish momentum.

 The post Why Is Crypto Crashing Today? appeared first on Coinpedia Fintech News
The crypto market is facing a massive sell-off, wiping out over $400 billion in just 24 hours. Major cryptocurrencies like Bitcoin, Ethereum, XRP, and Dogecoin have all taken a hit, with some dropping by nearly 20%. But what’s causing this sudden crash? Let’s dive into the key reasons behind the turmoil. Trump’s Tariff War Sparks … 

This articles is written by : Nermeen Nabil Khear Abdelmalak

All rights reserved to : USAGOLDMIES . www.usagoldmines.com

You can Enjoy surfing our website categories and read more content in many fields you may like .

Why USAGoldMines ?

USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.

Recent:

Did President Donald Trump Post About Ripple On His Truth Social? Anjali Belgaumkar | usagoldmines....

Ethereum Price Eyes Key Breakout—Will Momentum Lead to a Surge? Aayush Jindal | usagoldmines.com

Is Ethereum Quietly Building Momentum for a Rally? Analysts Weigh In Samuel Edyme | usagoldmines.com

XRP Price Loses Steam—Can It Overcome These Challenges? Aayush Jindal | usagoldmines.com

Crypto News: Strategy Announces Proposed Private Offering of $2.0B of Convertible Senior Notes Anja...

Justin Bons blames Solana’s dominance for the mushrooming of meme coin fraud on the blockchain Nelli...

Sony offers 9 new games in February for PS Plus Extra and Premium subscribers Collins J. Okoth | usa...

Is the US Congress powerless against Elon Musk’s D.O.G.E? Jai Hamid | usagoldmines.com

Coinbase exchange launches CFTC-regulated futures for Solana and Hedera Collins J. Okoth | usagoldmi...

Which Coin Is Poised for a Breakout? Analysts Highlight the Next Big Crypto Explosion Cryptopolitan ...

Ethereum Exchange Balances Drop To 9-Year Low – Time For A Major Price Move? Ash Tiwari | usagoldmin...

Bitcoin Price Remains Under Pressure—Can It Break Free? Aayush Jindal | usagoldmines.com

Three Reasons to Add Mutuum Finance (MUTM) to Your Portfolio with a Potential 4000% Surge Cryptopoli...

XRP Price Consolidation Completed: Will Wave 3 Propel Prices Beyond The $5 Barrier? Ronaldo Marquez ...

Crypto News | Concerned Shareholders Nominate Two Highly-Qualified Candidates for Election to Ionic...

Crypto News | OpenSea Halts Airdrop Reward System Following Community Backlash Chayanika Deka | usa...

Crypto News | Could Meme Index Be the Next Crypto Sensation? Felix Mollen | usagoldmines.com

Crypto News | JPMorgan Thinks Solana Could Hit $500, CouSolaxy to Pump Higher? Felix Mollen | usago...

Crypto News | Another Shiba Inu (SHIB) Price Crash Ahead? 3 Factors Driving Bearish Sentiment Dimit...

Crypto News | These Crypto Assets Are Seeing the Biggest Surge in Social Media Buzz Mandy Williams ...

Crypto News | XRP, ADA, and SOL Tumble, Driving Liquidations Above $300M Jordan Lyanchev | usagoldm...

Crypto News | Ripple (XRP) ETF Edges Closer to Reality with New Milestone Jordan Lyanchev | usagold...

Crypto News | CZ Refutes Binance Sale Rumors After Recent Asset Transfers Wayne Jones | usagoldmine...

Crypto News | Meteora Exec Resigns Amid Financial Misconduct Claims Wayne Jones | usagoldmines.com

MARA Holdings announces Texas wind farm acquisition in renewable energy initiative Hannah Collymore ...

The S&P 500 officially hits a new all time high, now up +4.5% year-to-date Jai Hamid | usagoldmi...

Fed’s Michael Barr weighs in on crypto and debanking—Do it right or not at all Nellius Irene | usago...

Mutuum Finance (MUTM) Presale Surpasses $730K with 1,200 Holders and Growing Demand Cryptopolitan Me...

Bitcoin To $500,000: Standard Chartered Doubles Down On 2028 Target Jake Simmons | usagoldmines.com

Crypto News | BNY Mellon discloses $13 million Bitcoin ETF exposure amid to Wallstreet’s cautious cr...

Michael Saylor’s Strategy to raise $2B in convertible debt to expand Bitcoin holdings Jai Hamid | us...

Nigerian Lawmaker Sues Binance Exec Tigran Gambaryan for ₦1 Billion Over Bribery Allegation Hassan S...

Tether Co-Founder Supports New Stablecoin Project on Ethereum and Solana Hassan Shittu | usagoldmine...

World of Women and Artist Sara Baumann Launch Free NFT Portrait Series Tanzeel Akhtar | usagoldmines...

Ethereum, Shiba Inu, and MAGACOIN OFFICIAL: Top Cryptos Expected to Surge in the 2025 Bull Run Crypt...

World Liberty Financial WLFI Token Sales Surge: Less Than 1 Billion Tokens Remain Ronaldo Marquez | ...

Crypto News | Rising ‘share-seed-phrase’ scam targets crypto holders, Binance CEO warns Oluwapelumi ...

Crypto News | TRON Builders League Launches with $10M in Funding to Accelerate Ecosystem Growth News...

Crypto News | Russian energy giant Rosseti faces $14.2 million loss from illegal crypto mining Oluwa...

Crypto News | Bitcoin and gold draw closer as correlation with dollar and equities weakens Andjela R...

Crypto News | FTX creditors begin receiving $1.2 billion in payouts with interest on Kraken Assad Ja...

Crypto News | Tether co-founder backs new yield-bearing decentralized stablecoin Gino Matos | usagol...

Crypto News | Bitwise pledges 10% of BITB ETF gross profits to Bitcoin developers Gino Matos | usago...

Crypto News | Nigeria reportedly advances crypto tax plan while grappling with Binance dispute Oluwa...

Crypto News | On-chain weekly trading volumes drop since mid-January as Solana falters Gino Matos | ...

Crypto News | Fold set to debut on Nasdaq, reinforcing Bitcoin presence in TradFi Gino Matos | usago...

XRP Price Today: Can It Drop to $2.10?  Chandan Gupta | usagoldmines.com

Tether Teams Up with Guinea To Drive Digital Transformation Through Blockchain Mustafa Mulla | usago...

Nigeria Set to Tax Crypto Transactions, Unlocking Major Revenue Potential Nidhi Kolhapur | usagoldmi...

Bitcoin’s Bearish Pressure Rises as FTX Begins Repayments for Claims Below $50K Shayan Chowdhury | u...

LINK Price at Risk of Dropping to $14.75, Despite Whale Buying Chandan Gupta | usagoldmines.com

BitGo Launches Global OTC Trading Desk for Digital Assets Amid IPO Plans Nidhi Kolhapur | usagoldmin...

Tether Eyes Major Stake in South African Energy Firm Nidhi Kolhapur | usagoldmines.com

Ethereum (ETH) Price Prediction for February 19, 2025 Chandan Gupta | usagoldmines.com

Just In: SEC Acknowledges Bitwise’s XRP ETF Filing Nidhi Kolhapur | usagoldmines.com

Litecoin (LTC) Defies Crypto Downtrend, Price Poised for 30% Rally Chandan Gupta | usagoldmines.com

Epic games legal victory against pro player proves cheaters never win in Fortnite Noor Bazmi | usago...

Bitcoin market experiencing ‘lethargic conditions’ unseen since pre-US election-K33 Nellius Irene | ...

Is Your Portfolio Stuck? Here’s the Best Altcoin to Buy and Hold in 2025 Cryptopolitan Media | usago...

LTP secures key regulatory licenses in Hong Kong for Virtual Asset Prime Brokerage offering Cryptopo...

Bitcoin, Ethereum, And Solana: Real Vision’s Raoul Pal Calls The Greatest Macro Trade Of All Time Sc...

Next date for FTX distributions set to April 11 for claims above $50,000 Hristina Vasileva | usagold...

Kaiko Research: Bitfinex’s LEO, WBTC, and HYPE lead overvalued asset category, draw FTX/FTT comparis...

Hayden Davis says he was able to control Javier Milei via payments to sister Karina Milei Jai Hamid ...

Bitcoin mining has added over $4 billion to the US economy Ol | usagoldmines.com

AbstractChain Reports Security Breach: Team Confirms Isolated Cardex App Issue Hassan Shittu | usago...

Dogecoin (DOGE) Price Approaches Key Technical Level – Here’s Where Its Headed Next Joel Frank | usa...

Analyst Reveals Bitcoin’s Halving Cycle Signals Untapped Potential—What’s Next? Samuel Edyme | usago...

Tether Eyes Major Stake in South African Energy Firm Nidhi Kolhapur | usagoldmines.com

CalSTRS Sees Major Gains with $83M in MSTR Shares Victor | usagoldmines.com

Polkadot Launches Blockchain Course for UK Policymakers Tari | usagoldmines.com

Clearpool & Its Newest Partners Stu L | usagoldmines.com

Argentina’s President Defends Sharing $LIBRA Token Victor | usagoldmines.com

Binance Denies Sale Rumors, Open to Acquiring Rivals Lawrence Mike Woriji | usagoldmines.com

OpenSea ends XP rewards for listing & bidding due to community backlash Shummas Humayun | usagol...

Mastercard shifts focus from crypto experimentation to “real solutions” Noor Bazmi | usagoldmines.co...

Bethesda Game Studios offers Elder Scroll 6 fans a chance to create their own NPC in the game Collin...

US to lift sanctions on Russia if the war in Ukraine is resolved Jai Hamid | usagoldmines.com

Mutuum Finance Price Prediction: How Fast Can MUTM Reach $1 from $0.01? Cryptopolitan Media | usagol...

Nigeria is amending regulations to allow crypto trading Jai Hamid | usagoldmines.com

SEC acknowledges Cboe’s request to list 21Shares XRP ETF Florence Muchai | usagoldmines.com

Michael Saylor’s Strategy flags profitability risk amid Bitcoin volatility and tax worries Florence ...

Abstract Chain users have been compromised, most likely linked to Cardex app Hristina Vasileva | usa...

Police Warn of Surge in SMS Fraud Targeting Crypto Users Jimmy Aki | usagoldmines.com

Metaplanet Announces 10-for-1 Stock Split to Improve Market Accessibility Hongji Feng | usagoldmines...

Bernstein Report Says Bitcoin Rally Is Just Beginning – When is the Next Leg Up? Arslan Butt | usago...

Cheap Crypto Priced at $0.01 to Challenge Bitcoin (BTC) and Ripple (XRP) in 2025 Cryptopolitan Media...

Why Litecoin Won’t Break Out—Analytics Firm Reveals the Cause Keshav Verma | usagoldmines.com

The acting head of the U.S. Social Security Administration has resigned after a dispute with DOGE Fl...

Bankrupt FTX starts refunding users $1.2 billion today Jai Hamid | usagoldmines.com

SEC acknowledges Bitwise Spot XRP ETF filing Florence Muchai | usagoldmines.com

Allegedly, the Bridgewater hedge fund holds a $3.1B Ethereum (ETH) short position Hristina Vasileva ...

Nigeria to Amend Regulations for Taxation of Crypto Trading and Digital Transactions: Bloomberg Hass...

After Libra and FTX, Solana Price Crash is Best Time to Buy a Quantum-Resistant Future Gary McFarlan...

Web3 Platform Space ID to Become Digital Identity Provider for Story Protocol Tanzeel Akhtar | usago...

DOGE Price Chart Reveals Huge Breakout Signal – Could a Run to $11 Be Next? Tim Hakki | usagoldmines...

PEPE Price Drops 7% as New Pepe Meme Coin Raises $6.5 Million – Next 100x Project?  Tim Hakki | usag...

Investor Who Turned $86 into $105,000 with Shiba Inu in 2021 Invests in New SHIB Rival at $0.01 Cryp...

Ripple (XRP) Investors Are Flocking to a $0.006 Token Expected to Skyrocket 80x Before XRP Hits $6 C...

The Silver To Bitcoin’s Gold: Why A Litecoin ETF Could Drive Price To $800 Scott Matherson | usagold...

Leave a Reply