Why did the encryption market decrease today?

the The encryption market feels The heat again, with Bitcoin, Ethereum, Dogecoin and XRP all take great success. Bitcoin decreased by 10 %, ETHEREUM by 15 %, and XRP by 17 %. Sales are operated by concerns about President Trump’s tariff and increased fears of potential stagnation.

CME gaps that feed the decrease?

The encryption analysts say that the low bitcoin price is due to CME gaps. Analyst Hardy indicated that Bitcoin filled one gap today, but it needs a decrease to $ 85,000 to fill another, with a larger gap at $ 77,900 is still open. He believes that filling these gaps will pave the way for the upcoming assembly of Bitcoin. Titan of Crypto also sees a retreat before Bitcoin moves again, which seems to be happening now.

According to Copsy messageBetween 10:00 am and 3:30 pm East time, the S&P 500 scanned $ 1.5 trillion on the market. It is worth noting that the pressure pressure started before Trump Investment DeclarationThe investment declaration started with a strong note, as the Taiwanese semiconductor company announced an investment of $ 100 billion in the United States. This step is expected to generate “hundreds of billions of dollars” in economic activity.

Trump confirms the definitions tomorrow!

Moreover, President Trump stressed that the customs tariff by 25 % on Canada and Mexico will start tomorrow, March 4, as the markets were hoping that these customs duties would be delayed again.

In addition to fears, shortly after, the White House announced that President Trump signed an executive order raising a tariff on China to 20 %. This represents a 20 % increase in China’s tariff during the past two months.

500 billion dollars was wiped

The encryption markets took a sharp diving as new details did not appear about the American Crypto Reserve. The encryption market has now decreased $ 100 billion of its value before Announcement of American encryption reserves. During the past 24 hours, $ 500 billion in the market has been erased in a tremendous reflection. Moreover, Trump’s announcement that the encryption reserve will include Altcoins such as Solana, Cardano and XRP, surprised many, who only expected Bitcoin to include only. Mixed reactions increase the market collapse, as investors question the credibility of the reserve.

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Ethereum loses everything!

ETHEREUM has now wiped all of the post -Crypto advertisements. Before Sunday’s news, ETH reached $ 2,170, and has now decreased to a new level of $ 2094, which is 3.5 % less than Trump’s announcement. Altcoins like Dogecoin, and XRP falls because it is closely followed Bitcoin price Movements. In writing, XRP, Solana and Cardano are currently trading at $ 2.3, $ 136.9 and $ 0.8011, a decrease of more than 17 %, 19 % and 24 % respectively in the past 24 hours.

With the intensification of the trade war, the average tariff in the United States is scheduled to reach levels that have not been seen since great depression, and may rise more than 20 %. This does not even explain the 100 % possible tariffs on the BRICS. With all this volatility, there are great opportunities on the horizon for merchants.

Learn the definitions directly:

In the latest updates, President Trump got to know 25 % on Canada, Mexico and 20 % of the customs tariff in China live. A 25 % revenge tariff in Canada against the United States is also now. The trade war started with more expected volatility.

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