Crypto Fear and Greed Index drops to 25 amid Trump tariffs
The Crypto Fear and Greed Index has plunged to 25, dropping 19 points from the previous day and pushing the market into “Extreme Fear” territory.
This steep drop follows U.S. President Donald Trump’s Apr. 2 announcement of aggressive new “Liberation Day ” tariffs, which unsettled both traditional and cryptocurrency markets. Trump’s policy sets a 10% baseline tariff on imports, with much higher rates for specific countries.
China is now subject to a 54% tariff, which combines a new 34% rate with an existing 20% duty. A 20% rate will be imposed on the European Union, while Vietnam (46%), Taiwan (32%), India (26%), and Japan (24%) will also be affected by increased rates.
However, Canada and Mexico…