Bitcoin, Crypto Prices Slide as Trade Tariffs and Inflation Risks Grow
Bitcoin has dropped to $82,100, Ethereum to $1,790, and XRP to $2.13, extending losses alongside U.S. stock futures as investors react to rising trade tensions and inflation concerns. S&P 500 and Nasdaq-100 futures declined by around 0.7% to 0.8%, while Dow futures fell 0.55%. Investor sentiment remains under pressure ahead of President Donald Trump’s April 2 tariff announcement, which is expected to impose reciprocal trade measures on at least 25 countries. Barclays estimates that auto-related tariffs alone could affect over $275 billion in annual imports. The broader tariff package, part of Trump’s proposed “External Revenue Service,” is projected to generate $600 billion in revenue.
The market downturn has led…
