Behold, the grand theater of the cryptocurrency market, where the curtain fell today, and the actors stumbled upon a tragic scene. The total market capitalization plunged, a staggering5.46%, to a mere $2.63 trillion. This dramatic descent was orchestrated by none other than the announcement of new tariffs by the illustrious U.S. President Donald Trump, casting shadows over global economic stability. 🎭💸
Leading the parade of despair, Bitcoin (BTC), the once mighty titan, slumped to $82,274.70—a fall of5.39% within a mere24 hours, and a5.67% descent over the week. Ethereum (ETH) joined the somber march, with a6.04% decline to $1,787.79, while XRP took a nosedive, plummeting7.76% to $2.00. Even Binance Coin (BNB) couldn’t escape the vortex, slipping2.94% to $588.96. 📉😱
The market’s mood was further dampened by a chorus of losses across the altcoin ensemble. Cardano (ADA) sang a sorrowful tune, dropping9.25% to $0.6315. Solana (SOL), Dogecoin (DOGE), Toncoin (TON), Chainlink (LINK), Polkadot (DOT), Avalanche (AVAX), Shiba Inu (SHIB), and Hedera (HBAR) all hit a sour note, with their values tumbling between4.83% to11.18%. 🎵💔
Amidst this chaos, the stablecoins, Tether (USDT) and USD Coin (USDC), stood as the unsung heroes, holding their ground with minimal price movement, offering a semblance of safety to investors seeking solace in their steady embrace. 🛡️💰
The market’s Fear & Greed Index now reads a chilling24, a clear indication of the extreme fear gripping investors as the crypto realm grapples with the aftershocks of U.S. trade policy. With the global markets teetering on the brink, the world watches with bated breath, wondering how these digital assets will navigate the storm in the coming days. 🌪️🔮
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2025-04-03 19:37