The well-known cryptocurrencies and the entire crypto market fell on Friday after negative reactions from investors to newly imposed tariffs by U.S. President Donald Trump on multiple countries around the world. The sell-off, which also impacted the stock markets, reflects a combination of broader macroeconomic uncertainty and profit-taking after recent all-time highs. The decline in Bitcoin and Altcoins saw Bitcoin drop to $114,250, its lowest point since June 11, which is below its three-week trading range and now looking at the next support level around $111,000. Major altcoins including Ethereum (ETH), XRP, Solana (SOL), Cardano (ADA), and Dogecoin (DOGE) also saw sharp corrections of over 6% by Friday morning. The total crypto market capitalization fell by more than 3.7%, wiping out nearly $300 billion and currently standing at around $3.75 trillion. Meanwhile, net inflows into crypto ETFs turned negative, with a decrease of $98 million since Thursday.

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