The cryptocurrency market is experiencing a severe downturn, marked by double-digit losses in major digital assets. This comes after the introduction of aggressive tariff policies by the U.S. on April 2nd. As of April 5th, the total market capitalization of cryptocurrencies has plunged over 10%, dropping from $2.65 trillion to approximately $2.37 trillion. Bitcoin and **Ethereum** have been hit hardest, with losses reaching nearly 9.5% and 20% respectively, triggering fears among investors and leading to widespread panic selling. The largest cryptocurrencies like Solana, XRP, Dogecoin, and Cardano also suffered substantial losses, impacting the overall market sentiment. Trading platforms saw a significant amount of liquidation, totaling $1.5 billion as a result of margin calls triggered by price fluctuations, leaving many investors facing considerable losses. A worrying trend is evident among long-term traders, who were anticipating an upward movement in prices; however, the opposite occurred, leading to huge financial losses. This downturn isn’t limited to cryptocurrency markets; global stock markets are also experiencing sharp declines as a consequence of the U.S. tariff policies that have created economic uncertainty worldwide. Renowned investor Bill Ackman has cautioned against these policies and urged President Trump to take a