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  • Market Cap: $2.9947T 0.170%
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Cryptocurrency News Articles

Daily Crypto Signals: Bitcoin and XRP React to Trump’s Tariffs and Mixed Sentiment

Apr 04, 2025 at 10:28 am

The cryptocurrency market experienced severe turbulence today following US President Donald Trump's announcement of reciprocal tariffs against several countries

Daily Crypto Signals: Bitcoin and XRP React to Trump’s Tariffs and Mixed Sentiment

U.S. President Donald Trump’s announcement of reciprocal tariffs against several countries sparked turbulence in the cryptocurrency market on Thursday.

The cryptocurrency market experienced severe turbulence today following US President Donald Trump’s announcement of reciprocal tariffs against several countries. This move sparked a broad market selloff that wiped $1.6 trillion from US stock markets and sent Bitcoin (BTC) plunging 8%.

The world’s leading cryptocurrency dropped 6.7% over the past 24 hours, pushing the total crypto market capitalization down 6.8% to $1.47 trillion.

Here's a glance at the top crypto performers (and laggards) over the past 24 hours, as of 08:00 ET:

Top Gainers (24 Hour)

Shiba Inu (SHIB)

Solana (SOL)

Monero (XMR)

Quant (QNT)

Livecoin Token (LVCOIN)

The post Trump’s tariffs and mixed sentiment leave Bitcoin struggling to recover above $80,000 appeared first on Smart Tech Collective.

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Other articles published on May 08, 2025