Media › Why are cryptocurrencies down today?
 
 

Why are cryptocurrencies down today?

2025-04-13 11:45:04| Spiritual Career Counseling

The US will impose reciprocal tariffs on international trading partners based on half of each country's respective rates.The baseline tariffs will be 10% on all imports and 25% on foreign-made cars.Bitcoin and other top cryptocurrencies, including Ethereum, Solana and XRP, saw major declines following the tariff announcement.Bitcoin (BTC) and the entire crypto market saw a quick correction on Wednesday following President Donald Trump's reciprocal tariff announcements based on half of each country's respective rates. The tariffs also include a 10% baseline tariff on imports and 25% on foreign-made automobiles.Following the announcement, Bitcoin fell 2% while Ethereum (ETH), XRP and Solana(SOL) noted declines of 4%, 3% and 4%, respectively, according to FXStreet asset price page.Bitcoin, crypto react sharply as Trump tariffs spark market volatilityIn the "Make America Wealthy Again" event at the White House on Wednesday, President Trump announced global reciprocal tariffs ranging from 1...


Category: Employment

 

Latest from this category

All news
»
13.12Salah's farewell? If this was his final Liverpool chapter, he delivered a fitting end
13.12Blackhawks recall Lardis following Bedard injury
13.12Hawks' Young should return to practice next week
13.12Cowboys keep CB Diggs on IR for Vikings game
13.12Source: U-M launches athletic department query
13.12Live updates from NBA Cup semifinals between Magic-Knicks, Spurs-Thunder in Vegas
13.12Follow live: Army, Navy vie for Commander-In-Chief's Trophy as rivals meet in Baltimore
13.12Salah makes EPL history on Liverpool return
More »