Crypto News

Bitcoin wakes up like Trump Tariffs Drives on a Global Stock Exchange

Price Bitcoin fell for about 7 percent on Sunday in the middle of the current global volatility of the financial market caused by the US president of the United States Donald Trump‘s tariff Announcements.

The the leading world cryptocurrency stretched at about $ 77,500 for 24 hours, after Trading over $ 80,000 Most of this year, according to CoinMarketCAP data.

Rivalry cryptocurrents such as Ethers and Solana suffered even higher drops, tons for about 12 percent in the last 24 hours of trading.

The total crypt market also fell about 7 percent in the same period.

Bitcoin has dropped in value for about 28 percent because he hit a Record about $ 110,000 in January this year.

Criptocurrencine Prices in the last 24 hours
Criptocurrencine Prices in the last 24 hours (Coinmarketcap)

The crypt market has initially increased, adding over half a trillion dollar worth, after Mr. Trump presented a new strategic reserve last month.

But it began to fall last week, because the American president showed that he remained dedicated to his restrictive tariff plan, insisting that he would follow his policies.

The fall of Cripto CARNA launched a wave of liquidation, and Bitcoin saw $ 250 million in long liquidations in the last day, in relation to Koinglass.

Investors seem to provide for further fluctuations of global markets after Mr. Trump tariffs raised recession fears in particular in the United States.

The The Dow Jones Industrial average future was down for over 4 percent late Sunday, while S & P 500 Future fell by almost 5 percent and Nasband 100 Future fell by 5.3 percent.

Bitcoin Volaceability Price Mirid Trump Tariff

Analysts at JPMorgana raised the risk of recession at 60 percent after the president announced at least 10 percent of tariffs in almost all countries last week, and China announced revenge 34 percent tariff on US Robb.

“We have massive financial deficits with China and the EU and many others. The only way that this problem can be cured with tariffs, which now bring tens of billions in the US”, “Mr. Trump has declared its own social media platform.” “They are already in power and a beautiful thing to watch.”

The decline in the global stock exchanges was evaluated to erase about $ 7 trillion worth because Tariffs were declared 2. April.

CRIPTO Analysts said the bitcoin price was mirrored to be in the middle of current economic uncertainty, meeting any gain, it could be seen from the regulatory indulgence of the Trump administration.

https://static.the-independent.com/2025/04/07/4/41/A-bitcoin-logo-is-displayed-outside-a-cryptocurrency-exchange-in-Hong-Kong.jpeg?trim=0,0,0,0&width=1200&height=800&crop=1200:800

2025-04-07 07:57:00

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