Crypto crash, okay, they keep using that phrase, crypto crash.

But to the people that are in the space of crap, I'm going to read this thing, I'm going

to turn it over to you.

So Bitcoin Ethereum, XRP, jump after crypto crash.

What is fueling the rebound?

Let me read this. Robin, I think you got a couple video clips on this as well, if you want to pull them up.

Okay, so Bitcoin and other cryptocurrencies were rallying on Monday,

pairing back some of their losses following President Trump's renewed tariff threat against China.

Bitcoin was up 3.7% to $115,000 within 24 hours, according to CoinDesk. It's still trading about 9% off the record high, which was around 1.30, 131. I don't know the exact number. It hit earlier this month. Ethereum jumped 9%. Solano jumped 8.2. XRP up 9.4 within 24 hours. The tokens plummeted on Friday with Bitcoin racking up, double-digit percentage losses and

failing below $110,000 at one point.

The sell-off out came after Trump threatened to hike tariffs on China, which likely

sapped investors' appetite for risk assets.

What's really going on here?

Is it really the reaction to tariffs?

Is that what the fear was?

What do you think caused the crash? Well, I think there's's a couple things that are worth uh unpacking first of all is uh trump understands uh market hours of the stock market so what did he do he waited till the stock market closed on friday and then he came out and said hey we're going to put the hundred percent tariff on i don't think that's a coincidence uh As the market corrected in after our stock, there's just not that many people who have access to the after market stock. So what do they do? They look in their portfolio and they say, well, what market is open? What market has liquidity right now? If I want to sell, if I want to change my financial life or my portfolio, I'm going to sell cryptocurrency. And so Bitcoin specifically sold off. It sold

off $13,000, which is a pretty big move, right? I mean, an asset went down $13,000 in a single

day. But it's only about 10%. And so if you go back and you look at all these bull markets,

historically there have been multiple 30% drawdowns in these bull markets. And so this,

you know, I joke is like a crypto crash for ants to the crypto crowd. Now, the stock market, if the stock market goes down 10, 20%, they're freaking out. They're talking about the Great Depression. They're, you know, 1929 and all that kind of stuff. And the crypto, again, it doesn't feel good to see your assets go down 10%, but it is still pretty small compared to what everyone has lived through.

There's somebody who was chirping at me on Twitter yesterday, and they said, you know, why are you saying that we shouldn't be worried about a market correction?

I said, my brother, we've lived through two 80% drawdowns in four years.

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