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- 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
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Event ends: August 9, 16:00 UTC
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Crypto Market Tumbles Following Trump's Tariff Announcement and Fed Rate Concerns
Gate News bot message, The cryptocurrency market experienced a significant decline following Trump's announcement of tariffs on 66 countries, coupled with renewed Federal Reserve rate hike concerns. Within the past 24 hours, liquidations reached approximately $636M.
Bitcoin (BTC) dropped to $115,587, recording a 2.32% decrease, while Ethereum (ETH) fell to $3,675, showing a 4.76% decline. The Fear & Greed Index stands at 65 in the Greed zone, with the total cryptocurrency market capitalization at $3.97T.