Market Update

Bitcoin prices, ether, Sol, Cardano, XRP, fell after President Trump’s recent move ⋆ Zycrypto

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Trying prices on tremors are witnessed amid commercial wars of the United States and advanced policy situations. The last wind of the market is Donald Trump’s new tariff for steel and aluminum in the United States. Bitcoin prices fell to less than 98 thousand dollars before being captured, as merchants hoped to restore the lost land. Altcoins also published shock exits such as fear and uncertainty most of the merchants.

Trump tariffs and aluminum

President Donald Trump open The United States will impose a 25 % tariff on all steel imports to the country, including from Mexico and Canada. This adds to the constant tariff changes implemented by the Trump administration, with a highlight of commercial tensions. These customs duties were registered much early in this administration than it was the last time in the White House.

Any steel coming to the United States will have a 25 % tariff. ” President Trump told reporters before Super Paul, adding that aluminum will also be part of the definitions. Moreover, he emphasized that the mutual tariff will be announced during the week on the countries, adding, “If they charge us by 130 % and we receive anything, it will not remain this way. “

Meanwhile, Bitcoin and relevant stocks have declined in the news, which led to an increase in negative feelings in the market. In recent weeks, encryption assets have recorded negative levels due to the United States’ commercial wars with Canada, Mexico and other countries. The launch of the Chinese company Deepseek Ai Startup Lost sharp exits In the United States technical stocks and bitcoin prices.

The current market conditions have acquired the gains recorded by the Trump effects. Donald Trump’s second term was expected widely in the United States as a bullish encryption factor after his pledge to make the country Global capital bitcoin And ending the Biden administration war on the industry. While the initial effects have increased the price of the original above 107 thousand dollars, modern policies remain declining.

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The wider market was affected

The US steel companies were the main two of the tariffs, as their stock jumped at 6 %. Meanwhile, the total maximum Crypto market decreased by 2 % to $ 3.16 trillion with a slow positive activity. Altcoin prices have decreased alongside Bitcoin such as ETHEREUM (ETH), Cardano (Ada) and Meme Coins. ETH prices have 3 % less than $ 2,700, while Cardano decreased by 0.2 % after advertising. The largest exits in Mimi currencies came, as expected, as many assets have seen external flows of two numbers.

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