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Stock Market Loss Doubles Crypto’s Market Cap in 48 Hours

Stock Market Loss Doubles Crypto’s Market Cap in 48 Hours

Ever since U.S. President Donald Trump announced “Liberation Day” tariffs, global stock markets have lost over $5 trillion USD in just 48 hours, almost doubling the total market cap of the crypto sector. Amidst this uncertainty, cryptocurrencies have emerged as a potential hedge, gaining attention from both retail and institutional investors.

On April 2, President Trump announced a reciprocal tariff against 25+ countries, including some of its strongest allies. The radical move by the Trump administration resulted in a major setback for global stock markets. According to a report in Reuters, over 5 trillion dollars were wiped off Wall Street in 48 hours.

Global Market Crash due to Liberation Day Tariff

Hours after U.S. President Donald…

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