Cryptocurrency Markets Tumble Amidst Trump’s Tariff Threats

A recent sell-off in the cryptocurrency market was sparked by former U.S. President Donald Trump’s renewed threats related to trade tariffs and policies, causing a significant decline in investor sentiment. Bitcoin and other cryptocurrencies experienced substantial losses, with over $150 billion wiped off the market capitalization within hours. Analysts suggest this volatility reflects broader concerns of escalating global economic tension and investors seeking more stable assets like gold.