The crypto market, including Bitcoin, Ethereum, Dogecoin, and XRP, has experienced a major decline in value due to concerns over President Trump's tariffs and fears of a potential recession. Crypto analysts attribute Bitcoin's price drop to CME gaps and believe that filling these gaps will pave the way for a future rally. The S&P 500 has also lost $1.5 trillion in market cap. The market decline is attributed to Trump's investment announcement, the announcement of tariffs on Canada, Mexico, and China, and the lack of new details on the US Crypto Reserve. The inclusion of altcoins in the reserve has surprised and raised questions among investors, leading to mixed reactions and market crashes. Ethereum has erased all its post-announcement gains and altcoins are following Bitcoin's price movements. The intensification of the trade war suggests potential opportunities for traders amidst the volatility.



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