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BTC, ETH, XRP News: Trump Tariffs Cause $450M Liquidations on Bitcoin, Ripple, Ether

Cryptocurrencies, including Bitcoin, experienced downward pressure on Thursday following new tariff announcements.
President Trump's unveiling of new tariffs on major trading partners triggered investor anxieties about a potential trade war.
Ether fell 7%, Solana dropped 13% , and shares of Coinbase and MicroStrategy each declined more than 7%.
John Wu stated that, "As a risk-on asset, cryptocurrencies have generally traded poorly during periods of uncertainty following announcements such as steady high rates or the introduction of trade tariffs."
The tariffs introduce near-term volatility and downside pressure, potentially impacting Bitcoin miners' profitability and acting as a double-edged sword.

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Fortune

Center

Bitcoin, broader crypto market slump as Trump unveils unprecedented tariff package

Trump imposes tariffs targeting China, Vietnam, and the European Union.

21 hours ago·New York, United States

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Anadolu Ajansı

Right

Trump’s reciprocal tariffs trigger decline in crypto

Bitcoin, altcoins lose nearly 10% following Washington’s additional customs duties targeting more than 180 countries, as cryptocurrencies have yet to be deemed ‘safe-haven’ assets - Anadolu Ajansı

24 hours ago·Ankara, Türkiye

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CNBC

Center

Bitcoin slides to $81,000 as Trump tariffs jolt stock market

Bitcoin and other cryptocurrencies were under pressure Thursday after President Donald Trump's big tariffs reveal jolted the stock market.

1 day ago·United States

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Futurism

Lean Left

Trump's Tariffs Are Brutalizing the Crypto Industry

Donald Trump's sweeping global tariffs have scythed through all sectors of the economy — including crypto, a market that the sitting president was hailed as a champion of. On Thursday, the morning after Trump signed an executive order enacting his "Liberation Day" tariffs, blockchain assets across the board slumped considerably as a mass sell-off ensued. Bitcoin, the first and largest cryptocurrency, fell by 4.2 percent down to about $82,200, a…

1 day ago

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BNN Bloomberg

Lean Left

Tariffs disrupt bitcoin mining supply chain rooted in Asia

Lauren Lin is in a hurry. She has less than 48 hours to ship about 5,600 Bitcoin mining machines from Thailand to the US before tariffs imposed on the Southeast Asian country by President Donald Trump kick in.

1 day ago·Canada

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