Bitcoin, Ethereum, and major cryptocurrencies plunge as US tariff plans fuel recession fears

Bitcoin, Ethereum, and major cryptocurrencies plunge as US tariff plans fuel recession fears
Image Source By : TOI

Cryptocurrencies, including Bitcoin and Ethereum, are experiencing significant declines due to heightened global risk sentiment following new US tariff announcements by President Trump. Bitcoin fell below $75,000, while Ethereum dropped 18.4%. The market cap of cryptocurrencies shrank by 8.59% to $2.44 trillion, amid fears of a potential recession and speculative interest rate cuts. Read More