Tag: Trump tariffs

$2.2B wiped out as Trump tariffs ignite market panic. Will Bitcoin Rebound?

The crypto market plunged into chaos this weekend as former President Donald Trump’s proposed tariffs ignited inflation concerns, sparking a historic sell-off. Bitcoin nosedived 13.9% to $91,242, while Ethereum plummeted 37% to $2,159, erasing $2.2 billion in leveraged positions—the largest single-day liquidation ever recorded. Analysts link the crash to Trump’s Saturday announcement of 25% tariffs on Canadian and Mexican imports…

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