Today’s cryptocurrency market faces a significant downturn, raising concerns among investors. The recent US-China trade deal has surprisingly impacted market dynamics, with tariffs being reduced by both countries. This development is influencing the investor sentiment across various markets, including cryptocurrencies. Market participants are re-evaluating their strategies in light of these changes. Keeping an eye on macroeconomic events will be crucial for those involved in the cryptocurrency sector. Understanding the underlying causes of market fluctuations can help investors make informed decisions moving forward.