Crypto news update: Bitcoin, Ether prices down amid Trump tariffs drag; Have experts given up on recovery for now?
Crypto news: The total cryptocurrency market capitalisation is at $2.42 trillion, down 4.86 per cent over the past 24 hours, on April 9, according to data on CoinMarketCap. The downward trend comes as the tariffs that United States President Donald Trump announced last week came into effect today and dragged equity markets, which in turned pulled cryptos and push gold prices.
Further, the market volume for crypto trade over the past day also decreased by 36.14 per cent to $123.47 billion. For the world’s largest crypto token, Bitcoin, its dominance increased by 0.04 per cent over the period to hold 62.62 per cent of the total crypto market share.