🚨Bloodbath in the Crypto Market After Trump Announces 25% Tariff on Mexico-Canada

United States (US) President Donald Trump confirmed the implementation of a 25% trade tariff on Mexico and Canada, causing the crypto market to turn red again after a brief surge. Even, Bitcoin (BTC) plummeted by 10%, touching a price of $83,000 on Tuesday (04/03).

"There is no more room for Mexico or Canada. The tariff has been officially set and will take effect tomorrow," said Trump.

Specifically, the cryptos mentioned by Trump in his Strategic Crypto Reserve, namely Cardano (ADA), XRP, and Solana (SOL), each dropped by 27.5%, 20%, and 21.5%, respectively.

Not stopping there, Ethereum also weakened by 16%, where at the time this article was written, its price returned to around $2,000. In addition, the overall crypto market capitalization also plunged by more than 12%, now standing at $2.71 trillion.

As information, when Trump announced the Strategic Crypto Reserve, the crypto market experienced a significant rise, but it did not last long.

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