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International Business Times
International Business Times
Business
Marvie Basilan

Trump Tariffs Crash Crypto: $BTC At $78K, $XRP Below $2, $ETH Sheds 12%

Bitcoin, major altcoins, and top meme coins plunged over the weekend amid continuing impacts from U.S. President Trump's tariffs. (Credit: Bybit/flicker.com)

KEY POINTS

  • From around $83,000 on Saturday, Bitcoin plunged to around $78,000 Sunday
  • $XRP and other major altcoins, including $ETH, were also in the red overnight
  • Trump's tariffs have been affecting global financial markets in recent weeks
  • Crypto executives are positive things will turn around for the better soon

The cryptocurrency market is in a wild downturn, crumbling over 8% in the last 24 hours amid a broader financial market crash amid the intensifying impact of U.S. President Donald Trump's global tariffs.

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