US President Donald Trump announced yesterday customs tariffs Crypto shook the money market deeply. Bitcoin (BTC) $84,870.96 While harsh decreases experienced in all major Altcoins, especially Ripple 
$2.11The price of the XRP of the XRP has decreased below $ 2, a critical threshold. The price of Altcoin on the Binance Exchange decreases to $ 1.98, while it is currently traded for about $ 2.05 with a slight recovery. XRP investors have lost more than $ 20 million in the large sales wave in the last 24 hours. Crypto Data Platform CoNSSS, altcoinApproximately 63 percent of the liquidations in the Long positions reported.
XRP investors are worried: Will the decline continue?
Market analysts XRP He emphasizes that the price of the recent decline is not only caused by the general market trend, but also affected by his internal dynamics. Famous Trader John BollingerDespite the hopeful statements that XRP will be the market leader, Altcoin’s rise acceleration has been seriously weakened. Especially in the last quarter of last year, after the strong rally, Altcoin suffered a significant depreciation in the first quarter of the year and the investor began to lose interest.
On the other hand, Technical Analysis Specialist Peter BrandtXRP price is under the critical support level of $ 1.90, if there is a risk of entering a major decrease trend, he said. Brandt, in such a situation XRP Coinexpects the price of the price to fall to $ 1.07. According to experts, the price must be exceeded in order to move upwards again.
Trump’s customs tariffs accelerated the transition from crypto coins
Trump’s recent customs tariffs began to increase investors from risky assets by increasing concerns about global economic stability. After a harsh decline in the crypto money market, investors see more safely goldHe turned. As a result, the price of ounce of gold a few hours after explaining the highest level of all time rose to 3 thousand 200 dollars.
After the developments, experts warn that the uncertainty in the markets can continue and that investors should be more cautious for a while. Crypto Money MarketDue to the economic concerns created by Trump’s tariffs, he can maintain the wavy course in the coming period.
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.
