Login to get your referral link.
16,733
Lunam Points
Join our Telegram Channel to stay up to date on the coverage of information on the breakup
The stock market has dropped and the coins plunged after throwing Donald Trump’s prices sent shock to the world economy on what the president called for the “Liberation Day” for the United States.
The market capitalization of cryptography fell 1.5% to 2.67 billions of dollars, while the term contracts on S&P 500 plunged 3.1% and the Stoxx Europe 600 index fell from 1.4% to 4 h 01 hne. The coins dropped by 6%, according to Coindecko data.
In a executive decree Imposing prices, Trump said that the commercial relationship between the United States and its business partners “has become very unbalanced, especially in recent years”.
The decline in the cryptography market has followed the announcement that the United States will impose a reference rate of 10% on all countries from April 5.
Asset Yesterday, also announced in Rose Garden in a speech that some countries will face at greater prices. This includes a rate of 34% on China, 20% on the European Union and 24% on Japan which will come into force on April 9.
Trump said the United States is now inviting countries “about half of what they are and billed us.”
🚨 @Potus Sign an executive decree establishing reciprocal prices on the countries of the world.
It’s release day in America! pic.twitter.com/p7unfe617b
– Quick response 47 (@ rapidressese47) April 2, 2025
The feeling of the cryptography market struck after Trump’s pricing announcements. THE Index for fear of crypto and greedA tool used to assess the optimism and fear of investors on the market has gone from a “fear” score of 44 to a “extreme fear” score of 25 in the last 24 hours.
Cryptographic liquidations have also exceeded $ 488 million during the last day of negotiation, according to Rinsing data. The majority of liquidations came from long positions, with 258.41 million dollars destroyed from these trades.
Bitcoin And Ethereum Traders took the biggest blow. Coinglass data show that $ 179.45 million was deleted from BTC positions, while ETH traders lost $ 88.75 million.
Best wallet – diversify your crypto wallet
Join our Telegram Channel to stay up to date on the coverage of information on the breakup
post url: https://altcoin.observer/the-crypto-tumbles-the-stock-market-flows-on-trump-prices/