What’s Next for Bitcoin and Crypto?
The financial markets have suffered a blow following President Donald Trump’s sweeping global tariffs on April 2, in an event he has dubbed “Liberation Day.”
Stock values have tumbled sharply as investors reacted to the news, with major indices posting losses. The cryptocurrency market is not spared, as widespread liquidations have sent Bitcoin and other altcoins into a decline.
Trump’s Tariffs Trigger Market Meltdown
Stocks plunged on Thursday, with the S&P 500 tumbling 4.84%—its worst drop since 2020—after Donald Trump announced sweeping tariffs. The Dow Jones also plummeted 1,679 points (-3.98%) to 40,545.93, while the Nasdaq suffered a steep 5.97% decline to 16,550.61 as panic selling plagued the…
