February 2025: Following the confirmation of tariffs on Canada and Mexico, the crypto market saw a significant drop, with nearly $500 billion wiped out. Bitcoin fell to a three-week low, and other cryptocurrencies like XRP, ADA, and SOL experienced double-digit losses.

* March 2025: Ahead of another tariff deadline, the crypto market again experienced a freefall, with around $500 billion lost in 24 hours. XRP, ADA, and SOL saw substantial declines, erasing previous gains.