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Crypto Market Crashes 10% as Trump’s Trade Policies Shake Investors

Bitcoin and altcoins tank over 10% after Trump’s trade tariffs. Some blame him for market manipulation through crypto reserve announcements.



The crypto market is in free fall, with Bitcoin dropping 10% and major altcoins like Ethereum (ETH), Solana (SOL), and XRP crashing over 15% in just 24 hours. The total market cap has plunged over 10%, now sitting at $2.77 trillion.

This drop follows Trump’s announcement of new tariffs on China, Mexico, and Canada, which also triggered a 2% crash in the S&P 500 and a 650-point drop in the Dow Jones. Investors are selling in panic, anticipating a economic war with the U.S. and other countries.

Bitcoin has dropped from $93,600 to $83,300, and ETH by 11%, SOL 15%, XRP 12%, and ADA a whopping 20%. This is after Trump’s “strategic crypto reserve” announcement that briefly pumped prices before this colossal dump.

Economist Peter Schiff is calling Trump’s move the “biggest crypto rug pull of all time,” claiming insiders made huge profits before the crash. Some investors now want a Congressional investigation into whether Trump manipulated the market.

While Trump presents himself as pro-crypto, many now wonder if he’s just playing the market. Was this a pump-and-dump, or just bad timing?

Also Read: Solana Soars 22% as Trump Puts It Ahead of Bitcoin in U.S. Crypto Reserve

Should In-N-Out Burger Start Accepting Bitcoin? Viral Tweet Sparks Debate

Summary: A tweet by an In-N-Out fan account has sparked controversy over whether the burger chain should begin accepting Bitcoin. While there are no company-planned plans, the idea has gained traction, a sign of increased interest in cryptocurrency payments for fast food.

On March of the running year, the fan account @InNOutBurger_fan posted, “Should In-N-Out accept Bitcoin?” The tweet quickly gained attention, with crypto enthusiasts debating the potential for mainstream adoption.

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In-N-Out does not currently accept Bitcoin or any other cryptocurrency, and there is no official statement indicating a change. However, the tweet has fueled speculation on whether crypto payments could become a reality in fast food.

Other brands have already explored similar moves. In March 2024, Compass Coffee in Washington, D.C., partnered with Coinbase to offer discounts for payments made in USDC. In El Salvador, where Bitcoin is legal tender, Starbucks began accepting it as payment.

YOU MIGHT ALSO LIKE: Solana Soars 22% as Trump Puts It Ahead of Bitcoin in U.S. Crypto Reserve

If In-N-Out were to adopt Bitcoin, it could signal a shift in how major fast-food chains approach digital currencies. For now, it remains just an idea—but one that has the internet buzzing.

Bybit Hacker Launders $1.4B in Record Time, Security Experts Race to Recover Funds

Bybit’s hacker laundered $1.4B in 10 days via THORChain. Experts suspect Lazarus Group. Security firms still tracking stolen funds.



The hacker behind the biggest crypto theft ever just pulled off the impossible—laundering all $1.4 billion worth of stolen funds in just 10 days. The exploit, which happened on February 21, saw over 500,000 ETH vanish from Bybit. The attacker used THORChain, a decentralized exchange that allows seamless crypto swaps without centralized oversight.

Blockchain security firm Lookonchain confirmed that 499,395 ETH ($1.04B at today’s prices) has been fully laundered. The original theft was $1.4B, but due to Ethereum’s price drop from $2,839 to $2,067, the stolen funds’ value also decreased.

Experts believe North Korea’s Lazarus Group is behind the attack. South Korea even sanctioned 15 North Koreans for funding nuclear weapons through crypto hacks. Despite advanced laundering techniques, security firms think they might still track some stolen funds.

Bybit moved fast, replacing all $1.4B by February 24, assuring users that withdrawals remained unaffected. CEO Ben Zhou stated that 77% of the funds are still trackable, but over $280M is completely gone.

Crypto firms are now pushing for better security, with off-chain transaction validation emerging as a potential fix to stop future hacks before they happen.

Also Read: White House and Lawmakers Push Back Against IRS DeFi Broker Rule

White House and Lawmakers Push Back Against IRS DeFi Broker Rule

Summary: The White House is backing a Congressional Review Act (CRA) introduced by Senator Ted Cruz to overturn the IRS’s DeFi broker rule requiring KYC reporting by DeFi platforms. It has been branded an attack on the crypto sector by critics like Crypto Tzar David Sacks.The CRA only needs a simple majority to pass and can set the direction for future US regulations of crypto.

US legislators are moving to repeal the IRS’s broker rule that treats DeFi creators and front-end platforms as brokers who must track transactions and apply Know Your Customer (KYC) procedures. The rule applies to all digital assets, including NFTs and stablecoins.

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Republican Senator Ted Cruz is leading the push to pass the CRA, officially known as S.J. Res. 3, which would reverse the IRS regulation. The first vote was scheduled for March 5 but may be delayed due to scheduling conflicts, such as the State of the Union address.

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Critics of the rule argue that it disproportionately burdens DeFi creators and stifles innovation. Crypto Tzar David Sacks has called it “an 11th-hour attack” by the Biden administration. The White House prefers the CRA, stating the rule harms US crypto businesses and invades privacy. If the CRA prevails, it would stop similar regulations and signal a pro-crypto trend for future US government policies.

Solana Soars 22% as Trump Puts It Ahead of Bitcoin in U.S. Crypto Reserve

Summary: Solana (SOL) surged 22% to $172.38 after Donald Trump expressed a desire for a U.S. Crypto Strategic Reserve and named Solana, XRP, and Cardano as his top three choices ahead of Bitcoin and Ethereum. The market reacted with massive gains on a handful of assets.

Solana (SOL) rallied strongly, up 22% at $172.38 after former U.S. President Donald Trump announced his proposal for a U.S. Crypto Strategic Reserve. Trump mentioned Solana, XRP, and Cardano in his early announcement as top assets prior to adding Bitcoin and Ethereum later.

YOU MIGHT ALSO LIKE: XRP Price Surges 38% After Trump Includes It in Crypto Strategic Reserve

He accused the Biden administration of choking crypto growth and promised to make the U.S. the world’s crypto capital. His pro-crypto stance has unleashed a rally in investor sentiment, with Solana’s market cap hitting $87.5 billion—a 23.63% increase in the last 24 hours. Trading volume also spiked 134.07% to $8.79 billion, indicating high market activity.

The broader crypto market followed suit. Cardano (ADA) jumped 70%, breaking out above $1, and XRP climbed 31% to $2.83. Bitcoin rose a more modest 5.5% to above $88,900.

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Now that Trump is openly embracing crypto, analysts believe this will open the door to institutional adoption and long-term growth for digital assets. As Solana moves to the forefront, the market holds its breath to observe how this shift in policy will shape the future of the space.

Cardano Leads Gains in Trump’s Crypto Reserve Announcement

Trump’s Crypto Reserve news sent ADA soaring 70% in a day, smashing past $1. HODLers are holding strong—bullish vibes continue.

Cardano ($ADA) just had its biggest glow-up yet, pumping over 70% in a day after Trump announced a U.S. Crypto Reserve. The list includes big names like XRP, Solana (SOL), Bitcoin (BTC), Ethereum (ETH), and, of course, Cardano (ADA). Still while all cryptos surged, ADA was the real MVP, finally breaking past $1 after chilling below it for months.

Trump’s tweet dropped on March 2, 2025, and the market went wild. Within an hour, ADA spiked 50%, outperforming everything else on the list. It jumped from $0.6468 to $1.06 in 24 hours, making it the top gainer.

The overall crypto market cap shot up to $3.04 trillion (+6.79%), and ADA’s trading volume exploded 1,578%, hitting $9.76 billion. The wild part? Long-term holders (LTHs) aren’t selling, meaning this isn’t just a pump-and-dump—it might actually stick.

Can ADA Keep Climbing?

With big money possibly flowing in, ADA’s got serious long-term potential. If hype and institutional interest keep growing, this run could turn into something massive. For now, Cardano holders are celebrating, and ADA’s looking like a real contender in crypto’s next big wave.

Also Read: Crypto Market Surges as Trump Unveils U.S. Crypto Reserve Plan

Crypto Market Surges as Trump Unveils U.S. Crypto Reserve Plan

Summary: The crypto market went wild after Donald Trump announced a proposal for creating a U.S. cryptocurrency reserve, which caused a staggering $863 million worth of liquidations. Bitcoin and altcoins saw tremendous price increases, with BTC hitting $92,000.

The cryptocurrency market went into a frenzy following the revelation by former U.S. President Donald Trump of a historic initiative to create a U.S. Crypto Strategic Reserve. His initiative, which aimed at making “America First” in the digital asset space, created a frenzy that recorded $863 million worth of liquidations over the past 24 hours.

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More than 191,000 traders saw their positions wiped out, including one massive liquidation of $15.49 million on Binance’s BTCUSDT pair. In total, $298.66 million came from longs—traders betting on price increases—while $547.17 million came from shorts who were expecting declines.

Bitcoin saw $315.14 million in liquidations, while Ethereum lost $160.23 million. There were large liquidations of XRP, Cardano, and Solana when prices increased as well. Trump announced, via Truth Social on 2 March 2025, that he favored XRP, Solana, and Cardano initially, then added Bitcoin and Ethereum.

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The market responded instantaneously. Bitcoin rose from $85,207 to $91,929 in 90 minutes and is now trading at $92,000. Ethereum increased by 10% to $2,410, XRP increased by 22% to $2.75, Solana increased by 15.15% to $165, and Cardano stole the show with a whopping 53.21% increase to $1.02.

Trump’s move has shaken the market, turning it into a full-fledged rollercoaster.

Chainlink ($LINK) Surges 10% Following Trump’s Crypto Reserve Announcement

Trump’s announcement of his crypto reserve boosted the market, driving LINK 11.68% higher. Traders are jubilant, and LINK’s solid fundamentals are the thrust.

The world of cryptos has been significantly boosted ever since President Trump announced a strategic crypto reserve spanning five of the top cryptocurrencies.While those coins soared, Chainlink ($LINK) also saw a serious pump, jumping 11.68% in 24 hours.

The value of LINK jumped from $14.85 to $16.16, currently standing at $16.27, according to CoinMarketCap. Traded volume went wild, achieving a day’s volume of $995 million. The high of LINK over the last week was at $16.88, where its market cap stood at $10.31 billion.

This is not hype—LINK has been rising due to its position in DeFi and smart contract solutions. With more institutional investors coming in and crypto regulations getting clearer, the price of LINK is riding a wave of a bullish market trend.

Trump’s pro-crypto stance is activating investors, leading to huge price swings across the market. Analysts believe if the broader market stays strong, LINK could keep climbing. But the real question is—how long will this momentum last?

With big institutional adoption and continued demand for Chainlink’s decentralized oracle tech, it’s one of the top coins to watch as this crypto revival unfolds.

Also Read: Binance CEO Applauds Japan’s Transparent Crypto Rules

Binance CEO Applauds Japan’s Transparent Crypto Rules

Summary: Binance CEO Richard Teng praised Japan’s simple crypto regulations and rising adoption, referring to the country as having over 11 million crypto accounts in the previous year. In his speech at the Global Financial Technology Network Forum, he pointed out how Japan’s policies allow safe and sustainable development in the industry.

Binance CEO Richard Teng has complimented Japan’s regulatory strategy on cryptocurrency as transparent and a model for the development of the industry. Speaking at the Global Financial Technology Network Forum in Japan, Teng said that the country’s adoption of cryptocurrencies is growing, with over 11 million accounts in the previous year.

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He emphasized that Japan’s well-established regulatory framework supports a secure and sustainable digital assets environment. The country’s rules, led by the Financial Services Agency (FSA), offer transparency via the Payment Services Act (PSA) and the Financial Instruments and Exchange Act (FIEA). The legislations require exchanges to register, have stringent anti-money laundering (AML) and counter-terrorism financing (CFT) measures, and adhere to guidelines from the Japan Virtual Currency Exchange Association (JVCEA).

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Japan’s stringent regulation was seen when the FSA recently issued Bybit, KuCoin, MEXC Global, Bitget, and Bitcastle warnings for their operations without registration. Teng’s remarks point to Japan’s model being employed as a template by other countries looking to balance innovation and investor protection in the cryptocurrency space.

David Sacks Denies Owning Crypto in Bitwise ETF

David Sacks denies crypto ties after selling his holdings, but people question his firm’s investments. Ethics review pending, debate continues.

David Sacks, now the AI and Crypto Czar in the Trump administration, is under fire over claims he still has crypto ties. He says he sold everything before taking the role, tweeting:

“Correct. I sold all my cryptocurrency (BTC, ETH, SOL) before the administration started.”

But X (formerly Twitter) wasn’t buying it. Users hit his post with a Community Note, saying he still had “large indirect holdings” via Bitwise, a major crypto investment firm.

Sacks clapped back, calling it a lie. He admitted to owning a $74K stake in a Bitwise ETF but said he sold it on January 22. He promised to share more once the ethics review is done.

Even though Sacks personally ditched crypto, his VC firm Craft Ventures still backs crypto companies like Bitwise, BitGo, and Multicoin Capital—which is deep in the Solana game. Critics say that even if Sacks isn’t holding crypto himself, his firm’s involvement raises concerns.

Now, the big debate: should government officials be tied to industries they regulate? Sacks insists he’s in the clear, but until the ethics process is done, the heat isn’t dying down.

Also Read: XRP Price Surges 38% After Trump Includes It in Crypto Strategic Reserve

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