The post Crypto Price Today Crashes : When Will Crypto Go Back Up? appeared first on Coinpedia Fintech News
The crypto market has been rocked by a sharp sell-off following Donald Trump’s surprise announcement of sweeping trade tariffs. Bitcoin dropped over 7% to hover near $75,000, while Ethereum crashed nearly 14.5%, dragging the ETH/BTC ratio to its lowest level in five years. This panic sell-off wasn’t limited to crypto; global stock markets also nosedived, wiping out over $8 trillion in value last week.
Tariffs Trigger Panic Across Markets
On April 2, Trump said the U.S. would start charging a 10% tax on everything coming into the country. He also added extra taxes on goods from 185 countries, calling them the worst in unfair trade. These new tariffs will begin on April 9. U.S. customs started collecting the 10% tax over the weekend, right after the stock market had its worst week since 2020. As a result, U.S. futures dropped Sunday night, and Bitcoin also fell sin
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