USDC approved in Dubai, SOL, ETH and BTC in turmoil, as Trump tariffs trigger $200B losses
- Cryptocurrency markets declined 7% on Monday, as cascading $208 billion liquidations shaved $80 billion off the sector’s aggregate valuation.
- Bitcoin price plunged 4.7 to hit 40-day lows around $91,000 with technical indicators signaling further downside risks.
- Hedera (HBAR) and Bittesor (TAO) were the only two assets posting intraday gains among the top 50 crypto assets.
Bitcoin market updates:
US President Donald Trump’s decision to move ahead with tariffs on Mexico and Canada in March has sparked bearish sentiment across global financial markets including Bitcoin (BTC).
Bitcoin price declined by another 4.7% on Monday bringing its losses since the Bybit hack to 7% as it traded as low as…
