Shock waves in the cryptocurrency market: Bitcoin falls to $ 82,000 after Trump's customs announcement

Shock waves in the cryptocurrency market: Bitcoin falls to $ 82,000 after Trump's customs announcement
cryptocurrency market in a decline: Bitcoin and Ethereum under pressure
The cryptocurrency market showed negative development on Thursday, influenced by the announcements by President Donald Trump on aggressive customs measures. This explanation caused shock waves on the financial markets and led to a drastic decline in the Bitcoin Prize, which fell to $ 82,000
Effects of the customs announcement of Trump
In his speech on the "Liberation Day", Trump announced a number of retaliation tariffs to correct commercial -making weights. The measures include a custom of 26 % on Indian imports, 20 % on goods from the European Union and 34 % on Chinese exports. These announcements also fuel the worries about the escalation of global trade voltages.
The cryptom market overall recorded a market capitalization of $ 2.68 trillion, which corresponds to a decrease of 1.53 % within one day. Interestingly, however, the 24-hour trade volume rose by 65.51 % to $ 129.84 billion.
Bitcoin (BTC) in a decline
The Bitcoin price was $ 83,576.32, which means a decline of about 1.36 % in the last 24 hours. The trading range was between $ 82,182.32 and $ 88,466. Despite the decline, the market dominance of Bitcoin rose slightly to 61.88 %, which corresponds to an increase of 0.11 % compared to the previous day.
Ethereum (ETH) shows fluctuating prices
Ethereum briefly fell below the $ 1,800 mark on Thursday, but was able to stabilize again and reached the price level again. The token fell by about 3 % to $ 1,822.16, with daily depths and heights of $ 1,782.76 or $ 1,951.18
XRP and Solana also affected
After the customs announcements,XRP also fell under the $ 2.05 $ 2.05, which corresponds to a minus of 2 %. In the past seven days, the price of the coin has dropped by about 14 %. Solana (Sol) lost over 3 % and was traded at around $ 120, with a daily area of $ 116.98 to $ 135.70
top winners and losers for cryptocurrencies
There were some winners and losers among the cryptocurrencies. Raydium (Ray) led the winner list with an increase of $ 8 % to $ 1.87. EOS (EOS) also recorded a positive development and rose by 5.66 % to $ 0.8449. Other winners were Story (IP) (+3.91 % to 4.44 $), Tezos (XTZ) (+3.70 % to 0.6732 $) and Kaia (KAIA) (+2.53 % to 0.1059 $).On the losing side, Official Trump (Trump) was the largest loser with a decline of 9.97 % to $ 9.31. Bonk (bonk) also fell 9.25 % to $ 0.00001122. Ethena (ENA) and Cronos (Cro) recorded declines of 7.56 % or 7.25 %.
Wider course development in the cryptom market
Cardano (ADA) and Chainlink (link) recorded declines from 3.00 % to $ 0.6510 and 3.95 % to $ 13.20. Bitcoin Cash (BCH) also fell by 0.82 % to $ 303.14, while Dai (DAI) remained stable at $ 1.00. The increase in Cosmos (atom) was surprising, which increased by 1.81 % to $ 4.43.
Course development in the cryptocurrency market remains volatile, and the effects of global political decisions on investment classes are obvious. Investors should continue to observe the developments in order to make informed decisions.