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Crypto Prices Today : Trump Tariffs, Why is Bitcoin Falling? Crypto Liquidations, XRP News

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Why is Bitcoin Dropping?

The post Crypto Prices Today : Trump Tariffs, Why is Bitcoin Falling? Crypto Liquidations, XRP News appeared first on Coinpedia Fintech News

March 4, 2025 06:22:59 UTC

Why Did Crypto Market Crash Today?

Bitcoin (BTC) saw a sharp decline, dropping to $83K, while Ethereum (ETH), XRP, and Solana (SOL) also crashed 14%-20% intraday. The crypto market lost nearly 10% in value amid massive liquidations totaling over $1 billion. Despite President Trump’s crypto reserve announcement, liquidity setbacks and broader market trends contributed to the sell-off, with meme coins like Dogecoin and Shiba Inu also mirroring the downturn.

March 4, 2025 05:38:24 UTC

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Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

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Ether (ETH) has dropped 15% in the past 24 hours, reaching levels unseen since November 2023, as the broader market grapples with volatility sparked by U.S. President Donald Trump’s trade war threats. This has led to a wider decline With over $165 million in ETH long positions liquidated and a weak institutional demand, ETH faces continued bearish pressure, exacerbated by macroeconomic factors.

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