Crypto Market Crash: Tariffs Trigger Historic Selloff
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President Trump's new tariffs are cited as the primary cause, triggering a massive selloff and over $22 billion in liquidations. Bitcoin and Ethereum experienced sharp declines, and other altcoins suffered even greater losses. Expert opinions are divided, with some predicting a prolonged downturn ("crypto winter") while others advise against panic selling. Finally, the reports note various global responses, including India and Russia reassessing their cryptocurrency regulations.
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