Trump Tariffs Hit Crypto Hard: Bitcoin Crashes To $93K In Market Shake-Up
The market for cryptocurrencies is under heavy stress. Slipping below the $100,000 level, Bitcoin has been battered by economic uncertainty brought on by US President Donald Trump’s new wave of tariffs. Investors are now on edge, observing anxiously as global markets respond to the rising trade tensions. Related Reading: Arkansas Rejects Bitcoin Mining Crackdown Near […]
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Coinbase is now facing a lot of public attention after ZachXBT, a crypto investigator, broke out news of a shocking social engineering scam that targeted Coinbase users, taking away a whopping $300 million of losses. Related Reading: Trump Tariffs Hit Crypto Hard: Bitcoin Crashes To $93K In Market Shake-Up Generally, scammers impersonate agents of Coinbase […]
With Donald Trump’s new reciprocal tariffs set to take effect from tomorrow (April 2), the stage is set for an out-and-out trade war between the biggest economies of the world. Ahead of the tariff deadline – also known as the ‘Liberation Day’ – Trump issued a stern warning that no country would be exempted from the proposed tariffs. Unsurprisingly, this has set off a market-wide sell-off, with stocks of prominent US companies closing in the red on Monday. In this article, we’ll briefly touch upon the most important reasons for the current sideways/downwards sloping market, why....
India is reviewing its rules on crypto and security, looking at what other countries, especially the United States, are doing. Major countries like the US are updating their plans for digital assets, and India is also adjusting its strategy to stay in line with global standards. Related Reading: Trump Tariffs Hit Crypto Hard: Bitcoin Crashes […]
After momentarily sliding below important support levels, Ethereum (ETH) is once again on the climb. After a significant change in market mood, the second-largest digital asset by market capitalization passed $2,900. Related Reading: Crypto Traders Wrecked As Trump’s Tariffs Spark $2 Billion Liquidation Interestingly, Eric Trump, the son of US President Donald Trump, weighed in on the situation, remarking that it is a strategic opportunity to acquire ETH. Tariff Pause Sparks Market Rebound Concerns over possible tariffs on Canada and Mexico rattled the crypto market earlier this week. Both....
Trump’s recent intensification of tariff policies and fears of even greater tariffs to come have ignited widespread concern among economists, investors, and policymakers. Unsurprisingly, markets have crashed. Major indices experienced sharp declines: S&P 500 is down 11% over the past month, and the Dow Jones is down 10.6% over the same period. Tech stocks suffered […]