Tariffs are hurting the cryptocurrency industry - Trump's cryptocurrency has suffered a major decline
A significant decline not only in major financial markets, but also in the cryptocurrency industry. The tariffs have caused a huge price fluctuation, following a period of uncertainty and concern for digital currency investors and traders.
Bitcoin prices fell as much as 6 percent to $81,500, their lowest level in nearly a month. The drop has sparked concerns about the future of digital currencies, given the impact it is having on both large and small investors.
Ethereum has also suffered a similar decline, falling by up to 7 percent, reaching a price of around $1,700. This development shows a general downward trend in cryptocurrency markets, which are facing a period of uncertainty and global economic pressure.
Meanwhile, for Donald Trump's meme currency, prices fell more than 14 percent, reaching a value lower than $9. This sharp decline has attracted the attention of investors and market analysts, making it one of the currencies most affected by the current crisis in digital markets.
This development is a reflection of the uncertainty that has engulfed the entire global cryptocurrency market, highlighting the impact that external factors, such as tariffs and global economic policy, can have on this industry.
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