April 7, 2025 05:14:00 UTC
Why is Crypto Crashing Today?
Ah, April 7, 2025—a day that will live in infamy, or at least in the annals of my personal financial disasters. The cryptocurrency market took a nosedive that would make even the most seasoned skydiver reconsider their life choices. Thanks to the Trump administration’s latest brainchild—new global tariffs—investors are now sweating more than a sinner in church. Bitcoin, that once-mighty digital gold, plummeted below $80,000, landing at a measly $79,000. That’s a 5% drop in just 24 hours! I mean, who knew that tariffs could be so… tariffic? 😱
April 7, 2025 05:14:00 UTC
Bitcoin Price USD Dips After Trump’s Tariff Stance Shakes Crypto Market
In a plot twist worthy of a daytime soap opera, Bitcoin’s price took a sharp dive as President Trump decided to play the role of the world’s most unpredictable game show host. Just weeks after a major rally—thanks to his new strategic reserve plan, which I’m still trying to decipher—he flipped the script, wiping out over half a trillion dollars in value. That’s right, folks! One minute you’re riding high on the crypto wave, and the next, you’re face down in the sand, with $250 million in long positions evaporating faster than my will to exercise. According to CoinGlass data, it’s a liquidation party, and everyone’s invited! 🎉
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2025-04-07 08:38