The crypto money market started next week with a harsh decline. Bitcoin (BTC) fell to $ 91,000, while Ethereum (ETH) and breast coins suffered severe losses. Trump’s new tariffs created a great uncertainty in the markets. So, will this decline continue?
Trump’s tariffs shake the crypto money market!
US President Donald Trump’s new import tariffs for Canada, Mexico and China shook global markets. This development increased the concerns of trade war between investors and launched a large wave of sales in the crypto market.
Bitcoins and subcoins rapidly lost value, while the market value decreased by 9.5 %to 3.04 trillion dollars. However, the total transaction volume increased by 182 %to 286.91 billion dollars. This shows that there are large liquidations in the market.
Bitcoin, Ethereum and XRP prices are collapsing
The price of Bitcoin is traded at the level of $ 94,000, decreasing 5 %with the overall market collapse. The lowest and highest levels in the day were recorded as 91.242 dollars and $ 100,485, respectively. BTC’s market domination increased by 2.76 %to 61.38 %. This shows that investors come out of the subcoins and turn to Bitcoin. According to Coings data, the Bitcoin market has led to $ 397 million in the last 24 hours.
The price of Ethereum fell 18 %in the last 24 hours and fell to $ 2,551. ETH’s lowest level in the day was $ 2,159 and the highest level was $ 3,137. While the sales wave gained speed, an ETH whale sold all its assets by moving their wallet after 6 years. The XRP also suffered a major decrease and lost 20 %to $ 2.26. The lowest level in the day was $ 1.95, while the highest level was $ 2.92. A total of $ 110.5 million liquidation in the XRP market took place.
Breast Coins are losing blood!
The breast coin market suffered great losses in parallel with the overall decline. Dogecoin (Doge) dropped by 22 %and fell to $ 0.2326. Shiba Inu (SHIB) fell to $ 0.00001355 with a depreciation of 21 %. Pepe fell 26 %and went down to 0.000008983 dollars.
These losses show that investor confidence is shaken and exit from risky assets accelerated.
As the crypto money market collapses, the winners of the day
Some subcoins managed to stay in the positive area despite the decline:
- Fartcoin (fartcoin): Increased by 11 %to $ 0.7048.
- Hyperliquid (Hype): 2 %increased and traded for $ 22.76.
- Dexe (Dexe): It gained 1 %value and reached $ 21.34.
The great losses led to the decline were as follows:
- Floki: 31 %lost to 0.00008114 dollars.
- Optimism (OP): 31 %decreased to $ 0.9035.
- Filecoin (FIL): It fell to $ 2.95 with 30 %depreciation.
What will happen in the crypto market?
A total of $ 2 billion in the last 24 hours took place. Market uncertainty is high. While some investors expect recovery, others predict that the decline will continue.
Crypto investors should closely follow Trump’s trade policies and global market conditions!
