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Why the Crypto Market is Going Down: Bitcoin, Ethereum, & Altcoins Hit by Trump Tariffs

  • The cryptocurrency market has dropped by approximately 11.32% since the start of April 5, with a decline of over 7.16% during the weekend alone.
  • Bitcoin has plummeted by over 9.5% and Ethereum by 17.3% in the last 24 hours.
  • Altcoins, including XRP, BNB, and Dogecoin, have also suffered significant declines, with XRP dropping by 20.5% and Dogecoin by 19% in the last 24 hours.
  • The market decline is attributed to the aggressive trade tariff policy by the Trump administration, causing global market panic and economic instability.

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