Bitcoin, Ethereum Bear Market Deepens as Trump’s Tariffs Loom

The cryptocurrency market faced its worst quarter in over three years, with Bitcoin, Ethereum, the tech-heavy S&P 500, and Japan’s Nikkei 225 all experiencing substantial drops. This decline reflects a broader market downturn influenced by impending global trade policy changes expected today as President Trump announces new tariffs at a Rose Garden press conference at 10:00 PM (UTC+3). Analysts are divided on whether these economic measures will be implemented as a reciprocal response or if a more lenient approach will be taken.