The global cryptocurrency market took a major hit today, with the total market capitalization falling 5.46% to $2.63 trillion. This sharp decline was triggered by a broad sell-off following U.S. President Donald Trump’s announcement of new tariffs on trading partners worldwide, sparking concerns about global economic stability.
Bitcoin (BTC) led the downturn, dropping to $82,274.70—a 5.39% decrease in the past 24 hours and a 5.67% drop over the past week. Ethereum (ETH) also saw a substantial decline, down 6.04% to $1,787.79, while XRP fell 7.76% to $2.00. Binance Coin (BNB) wasn’t spared either, slipping 2.94% to $588.96.
The market’s slump was fueled by widespread losses across major altcoins. Cardano (ADA) struggled with a 9.25% drop, now sitting at $0.6315. Solana (SOL), Dogecoin (DOGE), Toncoin (TON), Chainlink (LINK), Polkadot (DOT), Avalanche (AVAX), Shiba Inu (SHIB), and Hedera (HBAR) all faced declines, with losses ranging from 4.83% to 11.18%.
Stablecoins like Tether (USDT) and USD Coin (USDC) remained steady, showing little price movement as investors sought refuge in these less volatile assets.
The market’s Fear & Greed Index now sits at 24, signaling extreme fear among investors as the crypto sector reacts to the ripple effects of U.S. trade policy. With global markets under pressure, all eyes are on how digital assets will react in the next few days.
Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0
PRC Comment Policy
Your comments MUST BE constructive with vivid and clear suggestion relating to the post.
Your comments MUST NOT be less than 5 words.
Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.
Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.
Constructive REPLY to comments is allowed