Bitcoin and Ethereum plunged on Wednesday as U.S. President Donald Trump’s new tariffs on Chinese goods officially took effect. The sweeping trade measures have sparked a sharp downturn across global markets, triggering $411 million in crypto liquidations in the past 24 hours. Bitcoin dropped 4.1% to $76,550, while Ethereum lost
This past week has been centered around the USA’s worldwide tariff negotiations. While the crypto market took its biggest hit on Monday, it has spent the two days struggling to stage a rebound. However, at the time of the press, the market has not yet recovered. On a positive note,
The US Securities and Exchange Commission (SEC) has announced the roster of US crypto and financial industry heavyweights who will participate in a roundtable discussion about the regulation of crypto trading. Known as “Between a Block and a Hard Place: Tailoring Regulation for Crypto Trading,” the regulator’s next roundtable on
Bitcoin climbed 3.35% in the last 24 hours, now trading at $79,868.38. Its market capitalization surged to $1.58 trillion, tracking the wider crypto market’s 3.38% daily rise. Meanwhile, Bitcoin’s share of the total $2.53 trillion crypto market cap remains dominant. However, trading volume slid 6.75% to $67.22 billion, suggesting less
The year 2025 has seen a dramatic shift in global economic dynamics, marked by a resurgence of protectionist trade policies led by the United States. Within days of returning to office, President Trump reignited the tariff war, making good on campaign promises by swiftly imposing broad-based and country-specific import duties
Bitcoin is the first successful application of blockchain technology, which made it possible to create the entire crypto ecosystem we see today. Satoshi Nakamoto created Bitcoin with a vision of creating an electronic peer-to-peer payment network. His main purpose was to create a digital currency that could be used for
The global financial world is in panic mode and crypto is right at the center of it. After what’s now being called a new “Black Monday,” both traditional stock markets and crypto markets are seeing red. It all started with U.S. President Donald Trump’s sudden declaration of April 6 as
The cryptocurrency market has crashed over the last 24 hours. Approximately $1.35 billion has been washed out as prices plunged rapidly. The global crypto market is valued at $2.49 trillion now, which is a 11.4 percent decrease from yesterday. Top Cryptos Drop Sharply Bitcoin dropped to $75,000, while Ethereum is
Cardano (ADA) is under strong bearish pressure as the broader crypto market reacts negatively to global economic tensions. The recent tariffs imposed by the U.S. President Donald Trump have triggered a sell-off across markets, and ADA hasn’t been spared. After trading at $0.659 on Sunday, ADA has fallen sharply, hitting
The price of Bitcoin fell rapidly from close to $83,000 to below $79,000 within a matter of hours. The sudden dip created a wave of liquidations in which some $600 million of leveraged bets were erased based on CoinGlass data. They were high-risk positions in which the traders had used
