The crypto market lost over $130 billion in market capitalization the previous week. Major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Solana (SOL) fell 5.9%, 10.9%, 15% and 10.1%, respectively, according to CoinGecko data. The upcoming US President Donald Trump’s tariff will impact $1.5+ trillion of imports by the end of April, according to the Kobeissi letter report.
Crypto assets lost $130 billion in market cap last week
The crypto and global markets remain pressured by the upcoming US President Donald Trump’s tariff plans, set to be unveiled on April 2. The crypto market took a hit last week as its total market capitalization lost more than $130 billion, according to CoinGecko data.
