#CryptoTariffDrop

The tariffs imposed by Donald Trump on 'Liberation Day' led to a sharp decline in cryptocurrency prices, in line with the downturn in global financial markets.

The price of Bitcoin saw a sharp drop after hitting the resistance level of $88,000, following Trump's announcement of hefty tariffs on key trading partners, and it is currently trading at $82,500 at the time of publication. Alternative currencies were once again severely affected, performing much worse than Bitcoin.