Crypto Market Crash: Tariffs Trigger Historic Selloff
Crypto Market Crash: Tariffs Trigger Historic Selloff
President Trump's new tariffs are cited as the primary cause, triggering a massive selloff and over $22 billion in liquidations.
Bitcoin and Ethereum experienced sharp declines, and other altcoins suffered even greater losses.
Expert opinions are divided, with some predicting a prolonged downturn ("crypto winter") while others advise against panic selling.
Finally, the reports note various global responses, including India and Russia reassessing their cryptocurrency regulations.