Crypto market sheds over $130B in market cap on Trump tariff uncertainties
- The crypto market lost over $130 billion in market capitalization last week.
- Major cryptocurrencies like BTC, ETH, XRP, and SOL fell 5.9%, 10.9%, 15% and 10.1%, respectively.
- The Kobeissi letter report highlights that US tariffs will impact $1.5+ trillion of imports by the end of April.
The crypto market lost over $130 billion in market capitalization the previous week. Major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Solana (SOL) fell 5.9%, 10.9%, 15% and 10.1%, respectively, according to CoinGecko data. The upcoming US President Donald Trump’s tariff will impact $1.5+ trillion of imports by the end of April, according to the Kobeissi letter report.
