• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Bitcoin Plunge: Impact of Trump's Tariffs and Market Consequences

user avatar

by Giorgi Kostiuk

10 months ago

This week's headline is Bitcoin's largest weekly price drop, recorded as a $13,561 plunge, resulting in significant market repercussions.

A Major Bitcoin Crash

Bitcoin has experienced its largest weekly price drop of $13,561, leading to a substantial market value loss and a wave of concern among crypto traders.

Impact of Trump's Tariffs

The market crash resulted from President Trump's announcement of new tariff measures, contributing to a $300 billion slump in the global crypto market. Even Bitcoin ETFs in the US market saw an outflow of $2.27 billion due to rising interest rates and monetary policy.

Even Bitcoin ETFs in the US recorded an outflow of $2.27 million due to rising interest rates.

Future of Cryptos and Metaverses

Despite the current price dip, Bitcoin has a history of rebounding with significant gains. The metagaming industry has recently shown a rise in crypto presales reshaping the traditional gaming experience and suggesting optimism for 2025.

Bitcoin's largest weekly price drop serves as a market indicator of significant changes amid new tariffs. Despite challenges, cryptocurrencies have recovery potential, and the metaverse continues to show growth prospects.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Institutional Traders Shape Futures Market on Bitget

chest

The Messari report emphasizes the crucial role of institutional participation in the futures market on Bitget, highlighting that institutional market makers accounted for 60% of futures activity.

user avatarArif Mukhtar

Anchorage Digital and Spark Join Forces to Overcome Institutional DeFi Barriers

chest

Anchorage Digital and Spark are partnering to address custody risks and operational complexities in institutional DeFi investment, aiming to unlock significant capital in the $1 trillion DeFi opportunity, with a launch set for Q1 2025.

user avatarMaria Gutierrez

American Rental Prices Surge Amid Rising Inflation

chest

The average rental price for a one-bedroom apartment in the U.S. has increased significantly, with New York City experiencing the highest rise.

user avatarDavid Robinson

Future NFT Use Cases to Drive Next Bull Run

chest

The next NFT bull run is expected to be fueled by a transition from speculation-driven market hype to utility-driven projects, including the tokenization of physical items such as real estate and luxury goods.

user avatarAndrew Smith

Meta Earth Launches ME Pass for Enhanced Identity Verification

chest

Meta Earth has launched ME Pass, a system that transforms anonymous addresses into verifiable identities, allowing users to access benefits like Universal Basic Income and participate in the digital economy.

user avatarJacob Williams

Crypto Crime Report Reveals Surge in Illicit Activities

chest

A report shows that illicit crypto volume reached an all-time high of $158 billion in 2025, driven by large-scale hacks and geopolitical factors.

user avatarZainab Kamara

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.