Trump's Tariffs Rattle Crypto Markets: What's Next for Bitcoin and Meme Coins?
By Ekta Mourya | 07.04.2025 - 20:36
The crypto market took a sharp downturn today as Bitcoin plummeted near $74,500, marking a fresh cycle low amid a broader global financial slide. This drop followed new tariff announcements from former President Donald Trump, sending shockwaves through both traditional and digital asset markets.
Ethereum and XRP saw double-digit losses within the past 24 hours, and nearly every major token in the top 30 experienced heavy corrections. Experts suggest the uncertainty surrounding U.S. economic policies and trade relations has intensified market volatility.
As Trump’s tariff plans continue to evolve, analysts are closely watching how Bitcoin, meme coins, and altcoins will respond in the coming days. The crypto world is bracing for turbulence as regulatory and political pressures mount