Cryptocurrency prices have dropped when the US term market opened much lower than April 6, when Trump’s administration doubled from its global tariff strategy.

The Trump administration has reached all countries with a 10%tariff from April 5, and some hit in higher rates, including in China at the age of 34%, the European Union at 20%and Japan at 24%.

Bitcoin (BTC) dropped Over 6% in the last 24 hours and traded around 77,883 USD. Meanwhile, Ether (ETH) dropped over 12% in the same period and traded at USD 1,575, According to To Coingecko. Total cryptographic market capitalization dropped Over 8% to USD 2.5 trillion.

Since then, prices have regained some losses. Bitcoin recovered 1.4% to USD 78,500. Meanwhile, Ether has recovered $ 1,594.

At the same time, Crypto Fear & Greed Index, which measures market moods for bitcoins and other cryptocurrencies, returned Result 23 in the last update of April 7, which is considered extreme fear.

In Charlie Sherry’s statement, the head of finance at Australian Crypto Exchange BTC Markets, said that the decline is not surprising, because global markets are generally more uninfired on Sundays.

“As a result, several large sales can have a disproportionate impact, quickly reducing prices,” he said.

“There is no secret behind the trigger: President Trump’s last conversation was made by macro markets, and global trade relations suddenly looked uncertain.”

However, some traders predict that Bitcoin may be around the corner. Arthur Hayes, co -founder of Bitmex, also speculated that although tariffs are rattling markets, they can result in a Bitcoin rally.

The Futures market in the USA has also begun.

Futures related to S&P 500 dropped According to Google Finance, almost 4%. Meanwhile, ponderous technology lost, and average Futures Dow Jones Industrial sink by over 8%.

Commercial resource of the Kobeissi letter he said In the post of April 6 to X, that the decrease in Futures on the Stock Exchange in the American stock market places the Futures S&P 500 on “Bear territory”, adding that the American stock market has currently removed an average of 400 billion dollars for a sales day over the last 32 days.

Tom Dunleavy, managing partner at Venture Capital MV Global, he said It can be “the worst three -day movement for American wrestling of all time” if “today’s futures persist”.

Trump’s administration doubles tariffs

Bill Ackman, cordial to cryptographic billionaires, speculates that US President Donald Trump can postpone tariffs to allow countries to make opponents or transactions.

In a statement of April 6 on his social media platform, Truth Social, Trump doubled tariffs, saying The United States has huge financial deficits with China, the European Union and many others that will solve the fees.

Related: “National Emergency” as Trump’s tariffs reduce cryptocurrency prices

“The only way this problem can be cured are tariffs that now bring tens of billions of dollars to the US. They are already in force and beautiful things to see,” he said.

He too he said Reporters aboard the air forces, which he intentionally did not try to cause the market to sell out, but they added that “sometimes you have to take medicine to fix something.”

At the same time, the director of the US National Economic Council Kevin Hassett he said In an interview with April 6 with ABC this week, over 50 countries contacted the president to negotiate fresh trade agreements.

“They do it because they understand that they wear a lot of tariffs,” he said.

US Treasury Secretary Scott Bessent called Trade partners in the USA in an interview of April 2 with Bloomberg against taking retaliatory steps, arguing “This is the highest level of number” about the tariff if they do not try to add more fees in response.

Warehouse: Financial nihilism in the crypto is over – it’s time to dream again