The post Crypto Prices Today : Trump Tariffs, Crypto Summit March 7, Why is Bitcoin Falling? Crypto Liquidations, XRP News appeared first on Coinpedia Fintech News
March 4, 2025 06:52:59 UTC
China Tariffs on U.S. Imports Set to Increase Amid Ongoing Trade Tensions
In response to the U.S. government’s announcement of a 10% tariff on all Chinese goods, China will impose additional tariffs starting March 10, 2025. A 15% tariff will apply to American chicken, wheat, and other products, while soybeans, pork, and more will face a 10% tariff, escalating ongoing trade tensions between the two nations.
March 4, 2025 06:40:19 UTC
Grayscale Pushes Forward with Spot Hedera ETF
Grayscale Investments has filed for approval of a new spot Hedera (HBAR) ETF with the U.S. Securities and Exchange Commission (SEC), marking its sixth altcoin-focused ETF. This move is part of Grayscale’s broader strategy to offer more altcoin investment products. The SEC’s current stance under acting chair Mark Uyeda has been more supportive of altcoin-based ETFs, signaling potential broader adoption.
March 4, 2025 06:36:25 UTC
Crypto Liquidations Surge to $1.09 Billion
The crypto market plummeted, shedding $460 billion in just 24 hours, with over $1.09 billion in liquidations. Bitcoin (BTC) dropped over 10%, while altcoins like Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA) fell 15%-25%. Analysts predict BTC may dip to $70,000-$75,000 before resuming an uptrend. Despite President Trump’s crypto reserve announcement, the market faces continued uncertainty amid tariff news.
March 4, 2025 06:36:25 UTC
ByBiy Hack Update : Hackers Convert $1B ETH to BTC
Bybit CEO Ben Zhou revealed that out of the $1.4 billion in hacked funds, 77% are still traceable, 20% have gone dark, and 3% have been frozen. The hackers have successfully converted 83% of the stolen funds, amounting to approximately $1 billion worth of Ethereum (ETH), into Bitcoin (BTC). This significant development highlights the ongoing investigation and the complex nature of tracking and recovering stolen cryptocurrency.
March 4, 2025 06:22:59 UTC
Why Did Crypto Market Crash Today?
Bitcoin (BTC) saw a sharp decline, dropping to $83K, while Ethereum (ETH), XRP, and Solana (SOL) also crashed 14%-20% intraday. The crypto market lost nearly 10% in value amid massive liquidations totaling over $1 billion. Despite President Trump’s crypto reserve announcement, liquidity setbacks and broader market trends contributed to the sell-off, with meme coins like Dogecoin and Shiba Inu also mirroring the downturn.
March 4, 2025 05:38:24 UTC
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Why Ethereum Is Crashing ?
Ether (ETH) has dropped 15% in the past 24 hours, reaching levels unseen since November 2023, as the broader market grapples with volatility sparked by U.S. President Donald Trump’s trade war threats. This has led to a wider decline With over $165 million in ETH long positions liquidated and a weak institutional demand, ETH faces continued bearish pressure, exacerbated by macroeconomic factors.
