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Tariffs Send Crypto Prices into 'Trump Slump'

Crypto investors fear the Trump Pump is finally over.
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Mar 4, 2025 • 1 min read

Bitcoin and ether experience a significant drop, losing over 10% as Trump's tariffs take effect, causing a notable downturn in the crypto market.

What’s the Scoop?

  • Market Reaction: Bitcoin and Ether each dropped by more than 10% following the imposition of the new tariffs by the Trump administration.
  • Immediate Impact: The tariffs have injected volatility into the market, wiping billions off cryptocurrency valuations in a matter of hours.
  • Market Sentiment: Investors are recalibrating risk profiles amid uncertainty, resulting in a pullback from crypto assets.

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.

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