Trump Tariffs Rattle Crypto Market, $130 Billion Wiped OutApril 04, 2025 at 09:05 AM EDT
Last week, the cryptocurrency market saw a sharp decline, shedding more than $130 billion in value as investors braced for the impact of new tariffs introduced by U.S. President Donald Trump. The measures, tagged “Liberation Day,” are set to take effect this week and will raise duties on a wide range of imported products. Despite the downturn, institutional investors are still investing heavily in BTC, showing a persistent interest in the digital asset. Strategy Inc. (NASDAQ: MSTR)’s executive chair Michael Saylor maintains a highly optimistic outlook. He envisions BTC reaching a staggering $500 trillion market capitalization, capturing… About CryptoCurrencyWire CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge. To receive SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 888-902-4192 (U.S. Mobile Phones Only) For more information, please visit https://www.CryptoCurrencyWire.com Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://www.CryptoCurrencyWire.com/Disclaimer CryptoCurrencyWire CryptoCurrencyWire is powered by IBN More NewsView More
Why Gold Loves Trump as Much as Trump Loves Gold ↗
November 26, 2025
Google's Gemini 3 Sends Broadcom Soaring: TPUs Take Center Stage ↗
November 26, 2025
Palantir Isn’t Just Riding the AI Boom—It’s Orchestrating It ↗
November 26, 2025
Insiders Are Snapping Up This AI Stock—Is a Big Bounce Coming? ↗
November 26, 2025
These 2 Energy Titans Just Scored Major Wins to Close Out November ↗
November 26, 2025
Via MarketBeat
Recent QuotesView More
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes. By accessing this page, you agree to the Privacy Policy and Terms Of Service.
© 2025 FinancialContent. All rights reserved.
|