Reported about 7 hours ago
Crypto markets experienced a sharp decline following the announcement of tariffs by US President Donald Trump, with Ether falling as much as 27% at one point. Traders cut positions in response to concerns over a potential trade war impacting global commerce. While Bitcoin also faced losses, it fared better than smaller cryptocurrencies. Analysts note that the overall market sentiment has shifted negatively, overshadowing earlier optimism brought on by Trump's pro-crypto stance.
Source: YAHOO