Today’s crypto market is leaning slightly positive with a mixed trend overall. The Fear & Greed Index remains at 25 but has dipped slightly, indicating continued caution among investors. Bitcoin dominance has increased to 63.44%, up by 0.31%, signaling that investor confidence in BTC remains strong. The total crypto market cap has grown to $2.55 trillion, a healthy 2.07% increase, while the altcoin market cap has also risen to $0.93 trillion, gaining 1.52%.
In terms of price action, Bitcoin is currently trading at $81,536.50, showing a slight drop of 0.17%. Ethereum has seen a more notable decline of 2.85%, now trading at $1,546.57. In contrast, Solana has shown strength with a 1.91% increase, now at $116.88. Binance Coin is slightly positive, trading at $579.40. XRP has gained 0.70% and is holding steady at $2.00, while Dogecoin has also seen a modest 0.69% increase and is currently at $0.16. BTC and ETH are showing weakness today, but the broader altcoin market is helping to balance sentiment.
On the global news front, the most impactful development remains Donald Trump’s evolving tariff policy. Although a 90-day pause on most tariffs is in place, Trump reaffirmed that higher tariffs could return if trade deals are not finalized. The tariff on Chinese imports has been hiked to 145%, which could effectively halt most trade between the U.S. and China. In retaliation, China has imposed an 84% tariff on U.S. goods. These aggressive moves are shaking global trade relations and undermining investor confidence.
U.S. stock markets initially surged after Trump’s tariff pause announcement but have since come under renewed pressure. The Nasdaq and S&P 500 have both posted sharp declines. Former Treasury Secretary Janet Yellen has criticized Trump’s tariff strategy as “the worst self-inflicted wound” on a functioning economy. Companies like Amazon have also warned that these tariffs could push the burden onto consumers, leading to higher prices and market disruption.
While the crypto market currently shows some resilience, the broader global economic tensions and political instability continue to pose a risk. Bitcoin and Ethereum are underperforming, but altcoins are helping to stabilize the market for now. In the coming days, the direction of crypto and financial markets will largely depend on how the tariff situation between the U.S. and China unfolds