Crypto market loses $100B as Bitcoin, Ether slide
Cryptocurrencies fell sharply on Monday as risk assets slipped and safe-haven demand rose following US President Donald Trump’s proposal of new tariffs on eight European countries.
Bitcoin dropped as much as 3.6%, falling below $92,000, while other tokens experienced even steeper declines, News.Az reports, citing Bloomberg.
Ether, the world’s second-largest cryptocurrency, lost 4.9% of its value, and Solana plunged 8.6%.
The selloff wiped roughly $100 billion off the total crypto market capitalization, according to data from CoinGecko, reflecting broad investor caution amid geopolitical tensions.
Trump said over the weekend that he would impose a 10% tariff on goods from eight European…
