The imminent trade war of US President Donald Trump has sent risk assets, and the encryption was destroyed. Bitcoin (BTC) and ETHEREUM (ETH) has decreased by approximately 10 % in the past 24 hours, shaking the Earth to the balloons. Solana and Ripple’s XRP also decreased by more than 8 % during the last day as the market enters the fear area.
The global digital assets market printed heavy red indexes, as the cumulative maximum decreased by 9 % during the last day to achieve $ 2.63 trillion. The trading volume remained 24 hours less than 160 billion dollars. It turns out that the Meme Crypto category is the largest. Dogecoin (DOGE) and PEPE have collapsed at at least 13 % in the past 24 hours. Even Trump’s official price (Trump) has decreased by 35 % over the past seven days.
The encryption market strikes a loss of $ 1 trillion
The risk situation was activated in the market as investors are in a state of panic after Trump doubled on a huge tariff, which is scheduled to strike Mexico, Canada, and China on March 4. This has led to a sales in the brutal market that sent Bitcoin more than 8 % to $ 78,400, its lowest level since November.
Bitcoin does not behave like digital gold yet; It behaves more like highly dangerous assets. The next few days can happen to the wild. The BTC price has already decreased by 20 % over the past seven days.
Ethereum also spared, as it decreased to $ 2082, the lowest level in 13 months. Ether wiped all post -election gatherings and is traded from the November 5 region. ETH decreased by almost 50 % of its highest levels that were seen after the elections in late 2024. However, the ether lost a third of its value over a period of 4 weeks.
Ether price has decreased by 32 % in the past thirty days and is now trading at an average price of $ 2,141. The trading volume increased over 24 hours by 11 % to $ 34.4 billion.
It is an official:
Ethereum surveyed the post -election rally, and has now decreased to 9 % since November 5.
Is a new encryption market? pic.twitter.com/qwakusszn
Kobeissileter’s message February 28, 2025
The encryption markets as a whole are approaching 1 trillion dollars in the past two months. Feelings transform it with cheapness. According to Data Coinglass shares, encryption filtering (both long and short) shares a billion dollar sign again. In the past 24 hours, more than 227,000 merchants have been filtered. The total qualifiers recorded by the follower is $ 950 million and the count. The largest individual BTC/USDT is made of $ 38 million on HTX.
Bitcoin dreams fade
Traders were betting on the friendly White House for encryption, but this optimism hit a wall. Meanwhile, the US dollar praises the high safe demand. Australian and the New Zealand dollar drowned. Recently, the US President called for an additional 10 % tariff for Chinese goods. This will go directly on March 4. This tax will be implemented at the top of the 10 % tariff that was broadcast earlier this month.
It turns out that not even “encryption chief” can keep the market pump forever. The promises of building a national stock of bitcoin and the suppression of SEC on encryption claims appear dead. As in reality, it is not ascending as some hoped.
Donald Trump did not order the United States to buy Bitcoin; He just invented an encryption working group. Investors wanted to take action, not bureaucracy, and they are risk as a result. It can be seen directly in the index of fear and greed, which has gone out “fear” and may enter the “extreme fear” area at any time now.
Trump’s Mimi Checks, Trump has decreased by approximately 60 % in the past thirty days. He decreased by 85 % of its highest level ever from $ 75. Trump is trading at an average price of $ 11.32 at the time of the press.
Cryptopolitan Academy: soon – a new way to earn a negative income with Defi in 2025. Learn more
