Crypto Investors React to Trump’s Tariffs Announcement: Here’s What HappenedCryptocurrency investors reacted strongly to President Trump's tariffs confirmation, leading to market sell-offs and decreased demand, with BTC, ETH, and XRP prices dropping during and after the press conference. Accelerated transfers to exchanges indicated investors preparing to sell assets amid economic uncertainty. Open interest for BTC and ETH futures declined, highlighting traders exiting long positions. Analysis suggests reduced BTC demand from U.S. investors post-announcement, impacting market conditions.
CryptoPotato·2025-04-06 03:49