Crypto markets are feeling the heat as Trump's newly imposed tariffs send shockwaves through the industry. Bitcoin dropped 5.5% on Monday, hitting its lowest point in 2025, while major players like Coinbase and Robinhood also faced significant losses. Experts like Susannah Streeter note that investor sentiment is shifting toward caution, outweighing any optimism for crypto’s growth.
Bitcoin is on the verge of a potential 'death cross,' with some experts predicting further bearish trends. However, despite the current slump, Arthur Hayes, co-founder of BitMEX, argues that factors like a weakening U.S. Dollar Index and potential Fed rate cuts could drive demand for Bitcoin as a safe-haven asset. The future remains uncertain, but crypto investors are closely watching how the market responds to Trump's tariffs in the coming days.
Read Full Article :- US Crypto Stocks Drop as Bitcoin hits Lowest Level in 2025
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