Crypto Market Plunges After U.S. Tariff Announcement 🚨📉
The crypto market is facing a sharp downturn following U.S. President Donald Trump’s sweeping 10% tariffs on global imports. This unexpected policy shift has sparked investor fears, leading to a massive sell-off across digital assets.
🔻 Bitcoin (BTC) dropped below $82,000, erasing recent gains.
🔻 Ethereum (ETH) fell 10.4%, hitting a four-year low against BTC.
🔻 Altcoins like Solana (SOL), XRP, and Cardano (ADA) took even bigger hits, sinking 16.3%, 12.4%, and 12.6%, respectively.
🔻 Crypto stocks such as Coinbase, Marathon Digital, and Riot Platforms slid between 3% and 6%.
💡 Why the Drop?
Investors are pulling out of riskier assets like crypto in response to economic uncertainty caused by new trade policies. With global markets reacting negatively, the correlation between traditional finance and crypto is more evident than ever.
🚀 What’s Next?
Market volatility is expected to continue as traders assess the long-term impact of these tariffs. Will BTC reclaim its momentum, or is further downside ahead?
📢 What’s your strategy? Are you buying the dip or waiting for stability? Drop your thoughts below! 👇
