📉 Market Overview: Bitcoin Dips Amid Tariff Concerns
Bitcoin (BTC) experienced a slight decline today, trading at approximately $107,039, down 1.07% over the past 24 hours. This dip follows President Trump's announcement of a proposed 50% tariff on European Union imports, which unsettled global markets and led to a sell-off in risk assets, including cryptocurrencies.
Other major cryptocurrencies also saw declines:
Ethereum (ETH): $2,505.80 (-1.9%)
BNB (BNB): $662.81 (-1.6%)
XRP (XRP): $2.29 (-2.6%)
Cardano (ADA): $0.7399 (-2.4%)
The global cryptocurrency market capitalization stands at $3.36 trillion, reflecting a 1.52% decrease over the last day.
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