How Crypto Traders Got Played by Trump’s Tariffs πŸ˜±πŸ’Έ

  • Donald Trump’s tariff tweetstorm obliterated $490M in crypto, leaving Bitcoin and Ethereum gasping for breath πŸ€•.
  • As panic spread, the crypto market’s downward spiral mirrored the stock market’s plunge, proving once again that correlation is king πŸ’°γ€‚

In a dramatic turn of events, the crypto world found itself caught in the crosshairs of U.S. President Donald Trump’s latest tariff tantrum πŸŽ­γ€‚

With a sweep of his mighty pen, Trump imposed hefty duties on imports, singling out China, Japan, and the EU for special “treatment” πŸŽŸοΈγ€‚

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Stock Market Sell-Off Fans the Flames of Crypto Despair πŸŒͺ️

The S&P 500 futures lost $2 trillion in market cap in just 15 minutes, dragging down tech giants like Apple (-5.59%), Amazon (-4.50%), and Nvidia (-3.43%) πŸ“‰γ€‚

The crypto market, now more intertwined with traditional stocks than ever, felt the aftershocks. As the stock market tumbled, so did crypto, creating a perfect storm of panic and loss πŸŒ©οΈγ€‚

In the end, it was clear that real-world policy, not mere speculation, was responsible for the crypto market’s downfall. Trump’s tariffs had sent shockwaves through the global economy, and the crypto world was not immune πŸŒγ€‚

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2025-04-03 23:05