The collapse of the encryption market today: Bitcoin, Ethereum decreases to 14 % amid the collapse of the global market
Last update:
The repercussions of the global market, driven by economic certainty and the concerns of American recession, and severely hitting the encryption. Bitcoin and ethereum decreased to 14 %. Great encryptions such as Solana and Ripple also decreased.
Crypto Market has been burning from the collapse of the economic market caused by the Trump tariff.
The impact of the global market repercussions fed by the high total economic uncertainty, recession fears in the United States and the escalation of the trade war also reach the encryption market as well, with large encryption currencies like Bitcoin and Ethereum up to 14 percent. The cryptocurrency does not remain safe in the descending feelings. Investors have been concerned about the economic effects of the newly imposed definitions.
The main honor reflected this declining trend, as ETHEREUM has decreased nearly 13 %, followed by Solana and Ripple has decreased more than 12 % in the past 24 hours, reflecting uncertainty in the broader market.
According to Coinmarketcap, the Bitcoin price was traded at $ 76,876, a decrease of 7.72 percent, while ETHEREUM decreased by 14 percent for its circulation at $ 1507. The last XRP price was $ 1.75, with a decrease of 17 percent.
Bitcoin market roof has decreased dramatically by 7.65 percent to $ 1.52 trillion.
“The encryption market faces harmful effects due to the uncertainty that the new American commercial tariffs, which also led to a sharp decrease in stock markets, said.”
The collapse of the Indian market after a global
The local stock market started on Monday the week with a huge sale in the opening trade with the opening of NSE NIFTY and BSE Sensex down 3.5 percent to its lowest level for 10 months.
The bloodbath comes in the local market even with the decline in global markets, as the Nikkei 225 index in Tokyo lost nearly 8 % after a short period of the opening of the market, as the S&P/ASX 200 in Australia has decreased more than 6 %, and KosPi in South Korea by 4.4 %.
BSE Sensex on Monday 3939.68 points to 71,425.01 in the opening trade, NSE NIFTy fell 1160.8 points to 21,743.65.
Payment of Donald Trump’s tariff
Trump put forward the mutual tariff in various countries on April 2, including 34 % on China, 26 % on India, and 20 % in the European Union. Send this American and international financial markets to a shock. As a result, approximately $ 6 trillion of US stock value in recent days has been lost.
https://images.news18.com/ibnlive/uploads/2025/02/crypto-market-crash-2025-02-2201962a336091834bf7262e76b55fe0-16×9.jpg
