The post Crypto Sell-Off Today: Trump Tariffs Trigger Crash appeared first on Coinpedia Fintech News
The crypto market crashed today after U.S. President Trump announced new tariffs 25% on Canada and Mexico, and 10% on China. This caused a global economic shock. Stocks fell, and $341B was wiped out from the crypto market. The Mexican Peso and Canadian Dollar also dropped sharply. Bitcoin fell to $94,013, and Ethereum dropped to $2,498. Trump-backed investments lost 21%, and $2.2B was liquidated. Analysts warn that the market may keep falling.