The cryptocurrency market experienced a pronounced waterfall decline on September 26, with Bitcoin (BTC) briefly falling below $10,900. This represented a loss of over 4% in 24 hours and contributed to a slide in the total market capitalization to approximately $3.823 trillion, down more than 4.5% within the same period.
Seven-day metrics indicate continued downside momentum, with BTC down about 6.32%, Ethereum (ETH) declining over 14%, and the TOTAL3 index (which excludes BTC and ETH) dropping roughly 9.30%.
On the macroeconomic front, recent reports reveal that the administration announced a package of tariffs set to take effect on October 1. These measures include tariffs on heavyduty trucks, furniture, cabinets, and pharmaceutical imports.
Traders and risk managers are advised to closely monitor liquidity and volatility as the markets digest these developments and adjust their positions accordingly.
—
**Secure and Fast Transactions**
Diversify your investments with a wide range of coins. Join now!
**The Easiest Way to Invest in Crypto**
Don’t wait to get started. Click now and discover the advantages!
https://bitcoinethereumnews.com/bitcoin/btc-plunges-below-10-9k-in-waterfall-drop-crypto-market-cap-falls-to-3-82t-as-trump-announces-new-tariffs/?utm_source=rss&utm_medium=rss&utm_campaign=btc-plunges-below-10-9k-in-waterfall-drop-crypto-market-cap-falls-to-3-82t-as-trump-announces-new-tariffs
Be First to Comment