The crypto market is experiencing a decline in prices due to a broader selloff in tech stocks, driven by concerns about potential trade wars and a potential economic downturn in the US. Bitcoin and Ethereum both saw significant price drops, with Bitcoin falling 4% and Ethereum dropping as much as 6%. However, both assets have since recovered some of these losses. The decline in crypto prices is linked to the overall selloff of technology stocks in the US, particularly the Nasdaq 100 Index, which had its worst day since October 2022. Experts are also predicting a potential economic downturn in the US. The slowing of stablecoin inflows is also evident, as it has dropped more than 50%, correlating with Bitcoin's price decline. This suggests declining demand for crypto and the need for new capital infusion to lift prices.



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