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Reading: Bitcoin, Ethereum, Solana, XRP, Cardano … 500 million dollars of Trump tariffs for crypto currencies
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EdaFace Newsfeed > Latest News > Crypto News > Bitcoin, Ethereum, Solana, XRP, Cardano … 500 million dollars of Trump tariffs for crypto currencies
Crypto News

Bitcoin, Ethereum, Solana, XRP, Cardano … 500 million dollars of Trump tariffs for crypto currencies

vitalclick
Last updated: April 3, 2025 8:38 am
7 days ago
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US President Donald Trumpnew customs tariffs description of the crypto currency market has created a shock wave. In the last 24 hours, a total of nearly $ 500 million liquidation has taken place. Bitcoin $84,870.96The price of Trump (BTC) after the announcement of approximately 88 thousand 500 dollars to 83 thousand 400 dollars decreased to worry about investors. In total, the positions of 159 thousand 333 investors were liquidated and the market value shrunk up to 200 billion dollars.

The effects of the $ 500 million liquidation were heavyThe USA’s Day of Liberation has turned into the day of liquidation

The effects of the $ 500 million liquidation were heavy

Crypto Money MarketThe harsh mobility in the last four hours has become more pronounced with the liquidation of approximately $ 300 million. These liquidations first hit the short positions and then the long positions. Especially within an hour, it was seen that there was a $ 100 million loss in long positions. Investors caught unprepared against the sudden price changes.

Crypto Money Market Liquidations

In these hard market movements Ethereum (ETH) $1,872.24, Solana (LEFT), XRP And CARDANO $0.679565 Popular Altcoins such as (Ada) have also lost serious value. The largest of the liquidations took place on the Ethusdt trading parity on Binance, and a single investor lost about $ 12 million. This imbalance in the market forced crypto currency investors to rethink.

The USA’s Day of Liberation has turned into the day of liquidation

Trump’s customs tariffs announced under the name of Liberation Day (Liberation Day) Global MarketsI adversely affected and caused great uncertainty in the crypto currency market. The new tariffs described were ironicly called the “Liquidation Day” among investors. Sudden fluctuations in Bitcoin’s price dragged investors panic, albeit for a short time.

Despite all this chaos, analysts maintain Bitcoin’s confidence in long -term rise potential. In general, forecasts are that Bitcoin will exceed $ 200,000 at the end of the year. Also the US Strategic Bitcoin Reserve If it creates the price can reach 500 thousand dollars.

Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

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