The crypto market has recently experienced a significant decline, with a more than twenty percent drop in market capitalization, from $3.6 trillion to $2.8 trillion. This dip has raised concerns within the crypto community and is expected to impact investor sentiment. The decline can be attributed to various factors, including the announcement of tariffs on key trading partners such as China, Mexico, and Canada by the US government. Although initial exemptions provided some relief, they were later reversed, reigniting concerns about the impact of trade pressures on the global economy. Other negative developments, such as the Bybit exploit and fears of exclusive tariffs from the EU, further intensified the sell-offs in the crypto market. The tensions between the US and China, as well as increasing inflation and uncertainty surrounding the Federal Reserve's monetary policy, have also contributed to the decline.



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