By mrblockchain Following U.S. President Donald Trump’s tariff announcement, Ethereum and other cryptocurrencies experienced a significant downturn. A 10% tariff was imposed on most countries, with China, the EU, and Japan facing steeper tariffs of 34%, 20%, and 24%, respectively. Ethereum’s price fell over 4.5%, hovering around the critical $1,800 mark, which could determine its […]
Tag: China
By coinspy U.S. President Donald Trump’s tariff announcement caused a sharp decline in cryptocurrency markets, wiping out $490 million in value. Bitcoin and Ethereum prices plunged, with Bitcoin dropping from $88,500 to $83,500 and Ethereum falling below $1,800. Over 160,000 traders were liquidated, resulting in $490 million in losses, with Bitcoin and Ethereum futures accounting […]
By coinspy Bitcoin plunged 6% immediately after Trump’s sweeping tariff announcement, wiping out recent gains. Altcoins followed suit, with Solana (SOL) down 7% and Ethereum (ETH) dropping 5% in a cascading sell-off. Liquidation waves swept through derivatives markets as traders scrambled to adjust positions. Technical indicators turned bearish, with OBV and RSI signaling weakening momentum. […]