Crypto Market Suffers as Trump’s Tariffs Spark Global Concerns

The cryptocurrency market has experienced a significant downturn in the past 24 hours, losing $180 million in value and falling to a market capitalization of $2.62 trillion. This decline stems from President Donald Trump’s new tariffs, which target Chinese goods and European exports. Analysts warn that these tariffs could escalate trade tensions and disrupt global markets, posing potential risks to the crypto industry.