Crypto market crash deepens as investors digest Trump tariff threat — TradingView News
Key takeaway:
Bitcoin (BTC) and Ether (ETH) retested their lowest levels in more than two weeks after crypto and stock markets digested US President Donald Trump’s fresh round of tariff threats. The potential tariffs are an attempt by the administration to convince Denmark to reconsider its control of Greenland. European nations have shown little willingness to negotiate, prompting crypto and equities investors to adopt a more risk-averse stance.
The S&P 500 index fell 1.9%, while gold prices surged to a new all-time high on Tuesday. The total cryptocurrency market capitalization dropped to $2.71 trillion on Tuesday, down from nearly $3 trillion the previous Wednesday.
Yields on the 5-year US Treasury climbed to their highest level in…
