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International Business Times
International Business Times
Business
Marvie Basilan

$XRP, $ADA Lead Crypto Market Plunge Amid News Of Trump's New Global Tariffs

Donald Trump ADA Crypto XRP Bitcoin CoinGecko United States
Top altcoins $XRP and $ADA led the weekend's price bloodbath. (Credit: Kanchanara/Unsplash)

KEY POINTS

  • Trump's new global tariffs are expected to be unveiled Wednesday
  • $XRP bled nearly 4% overnight, while $ADA decreased 3.5%
  • Bitcoin was also down 1.6% and Top 2 $ETH was down 1.3%

The cryptocurrency market plunged over the weekend as geopolitical woes rocked financial markets and U.S. President Donald Trump shocked the world Sunday after he said there will be new reciprocal tariffs this week that will target "all countries."

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