Crypto Market Plunges: Bitcoin, Ethereum Take Biggest Hit Amid Global Economic Uncertainty

The cryptocurrency market experienced a significant downturn today, with major digital assets like Bitcoin and Ethereum experiencing substantial losses. This sell-off follows broader global market turmoil fueled by escalating economic uncertainty and the threat of recession. Macroeconomic events including fresh U.S. tariffs and fears of a global economic slowdown are driving investors away from riskier assets such as cryptocurrencies.