Tag: Market Crash

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

Crypto Market Crash: Trump’s Tariffs or Overheated Top Signals?

Trump’s tariffs and crypto “top signals” caused a $500B market crash, with overbought conditions and geopolitical tensions fueling the downturn.

The crypto market just took a massive hit, dropping nearly $500 billion, and now everyone’s wondering: was it Trump’s tariffs or the crypto market getting too hyped? Some analysts think Bitcoin (BTC) and other cryptos were overdue for a correction. The market had been showing signs of overheating for a while, with “top signals” popping up everywhere. These top signals happen when the market feels way too exposed, like when crypto apps hit new download records or celebrities jump on the crypto hype train.

One big event was Trump launching his own memecoin, TRUMP, on January 18. The launch made major headlines, bringing tons of retail investors into the mix. On top of that, Bitcoin recently hit new all-time highs without any real corrections, and we all know what happens next—sharp pullbacks.

While Trump’s tariffs definitely shook up the markets, many experts believe the crypto sell-off was more about the market being overbought than anything else. When retail adoption spikes and everything seems too good to be true, it’s a sign that things might crash. If geopolitical tensions continue and the trade war worsens, the bearish trend could stick around for a while, with traders now eyeing Bitcoin and Ethereum’s key support levels.

Also Read: February’s Top 5 Cryptos to Watch: XRP, Solana, Trump Coin, Dogecoin, and Pi Network

Exit mobile version