Crypto Prices Slip as Tariffs Rattle Investors
U.S cryptocurrency stocks fell in early trading Thursday (April 3) following the latest White House tariffs.
As Reuters reported, the sweeping new levies have left investors shaken, leading them to sell riskier assets. Bitcoin fell 2.3%, the report added, with ether down 3.3%.
While President Donald Trump appears more crypto-friendly than his predecessor, the report notes, wilder economic instability tied to the sector could still affect some companies. However, some analysts argue the price drops were less dramatic than in other industries.
“The price action highlights crypto’s hyper-democratic and borderless nature, allowing investors worldwide to hedge against the potential impact of macroeconomic…