NFT News Today TheBittimes.com

April has been all about tariffs. The US government led by Donald Trump imposed broad new tariffs which primarily focused on imports. Several countries like China, India, Vietnam, and others were hit with tariffs of up to 46%. Trump did not stop at this; several investigations around pharmaceutical and electronics industries, as well as mineral imports, are underway. Amidst this, the US yet again hit China with a 245% retaliatory tariff. With this trade war taking place in full swing, several markets were being impacted. Bitcoin (BTC) has been often touted as a safe haven asset. But the king coin was seen slipping while gold stood strong. Also Read: De-dollarization: Goldman Sachs Predicts Grim Future for U.S. Dollar How Much Has Bitcoin Dropped Since The Tariff Announcement? Source: Watcher Guru According to data curated by CryptoQuant, Bitcoin has reportedly dipped by 16.7% since the tariff announcement. The world’s largest cryptocurrency had a notable start to 2025 as it rose a...

The crypto crash deepened after US President Donald Trump slapped swingeing trade tariffs on Mexico, Canada and China. The crypto market slumped more than 10% overall in the past 24 hours, with market leaders Bitcoin (BTC) and Ethereum (ETH) both suffering heavy losses. Bitcoin plunged more than 6% to trade below the psychological $100K level at $94,035.62 as of 2:06 a.m. EST. The largest altcoin by market cap, ETH, plummeted over 19% to trade at $2,498.05.  The rest of the top 10 largest cryptos all suffered 24-hour losses as well. Cardano (ADA) took the largest blow in the top 10 list after its price plummeted more than 23%. SPX6900 (SPX) was the biggest loser overall among major cryptos by market cap following its 28% implosion. The meme coin sector plummeted 18.2% to a market cap of $75 billion, according to CoinGecko, with Dogwifhat (WIF) the biggest loser among the top 10 meme coins with a 26.6% loss. Trump Starts Trade War With Long-Threatened Tariffs, Triggering Cry...