The Crypto Market Faces New Challenges
The crypto market experienced a major shock following the announcement of new global tariffs by U.S. President Donald Trump. Bitcoin and Ethereum saw sharp declines, with Bitcoin falling over 6% and Ethereum dropping more than 12%. These tariffs affect all countries, including China, Europe, and Japan. However, some experts still see long-term positive potential for Bitcoin as a decentralized global asset. š
Ethereum was also significantly impacted, with a decline of over 14% triggering massive liquidations on DeFi platforms. Despite these challenges, some investors remain optimistic about the recovery of the crypto market. š
