Trump Tariffs Impact Crypto Markets
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Business & Economics
Binance Report: Trump Tariffs Trigger 50% Crash in Memecoins, Outpacing Bitcoin’s 19% Drop
77% Informative
Since the Trump tariffs, Bitcoin (BTC) has dropped 19.1% since the tariffs were introduced.
In contrast, high-beta categories such as Memecoins and AI tokens have plunged by over 50% since then.
The report also explains the evolving relationship between crypto and traditional market address.
Bitcoin ’s role as a safe haven during periods of market volatility is currently uncertain.
Sneha Agrawal is a dedicated Crypto Journalist and Editor with passion for researching and writing the crypto pieces.
She likes to keep track of political, legal and financial happenings all around the world - without which she deems her day incomplete.
CoinGape is a burgeoning blockchain and crypto media company.
VR Score
71
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66
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50
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