February 3, 2025
Crypto Bears Brunt of Risk-Off Moves After Trump Unveils Tariffs
 #CriptoNews

Crypto Bears Brunt of Risk-Off Moves After Trump Unveils Tariffs #CriptoNews

Financial Insights That Matter

A slump in cryptocurrencies weighed heavily on some of the more speculative digital assets late Sunday in the US, a sign investors will slash risk when markets open Monday following new tariffs imposed by Donald Trump.

Bitcoin fell as much as 4.3% in Sunday trading and Ethereum, the second-largest cryptocurrency by market value, dropped as much as 8%, while selling in so-called alternative coins was more acute.

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