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Crypto Prices Today (03rd April, 2025): Trump Tariffs Sparks Market Selloff?
The crypto market today has taken a notable hit following the trade tensions from Trump’s tariffs and inflation fears. The brunt was significant as the business saw liquidations of over $500 million. This comes after the Fear & Greed Index dropped to a fearful score of 24.
As of now, Bitcoin price today has dropped by 0.89% to hold support at $83,539.01. BTC has been struggling to maintain support despite an 86.71% surge in trading volume to $53.42 billion. One piece of positive news is Grayscale’s launching two Bitcoin ETFs on the NYSE.
Meanwhile, Ethereum today wore Bitcoin’s shoes, slipping by 1.59% to $1,831.58. XRP and Solana registered declines of 0.80% and 3.38%, respectively, further reflecting broader market concerns over economic instability and aggressive sell-offs.
On a brighter note, Story IP soared up by 7.43% to $4.46, OM followed with an increase of 3.61% to $6.36, while KAIA also rose by 3.33% to $0.1066.
The cryptocurrency market is in a selloff after Trump’s tariffs announcement, causing uncertainty and fear among investors and traders.
Source: https://coinpedia.org/price-analysis/crypto-prices-today-03rd-april-2025-trump-tariffs-sparks-market-selloff/
