Bitcoin, Ethereum Crash as Trump Slaps Tariffs on China — Buy The Dip Next?

Key Points:

$BTC and $ETH crashed as Trump imposed new tariffs, triggering over $2.21 billion in liquidations.

#Bitcoin is testing critical support near $93,878, while Ethereum faces a decisive bounce or breakdown at $2,150.

Rising tariffs fuel inflation fears, potentially leading to tighter Fed policy and further crypto market volatility.

Shockwaves ripped through the cryptocurrency market over the weekend as Bitcoin ($BTC ) and Ethereum’s native token, Ether (ETH), plunged following US President Donald Trump’s sudden tariff announcement.

Since Feb. 2, Bitcoin has dropped by over 11% and Ether by over 30%. Other cryptocurrencies, such as XRP (XRP), Cardano (ADA), and Solana (SOL), have also declined significantly, as shown below.

"Market dips are opportunities in disguise. Don’t fear the dip—embrace it! Buying when prices are low can set you up for long-term success. Remember, fortune favors the bold!"