Bitcoin & Ethereum Plunge: Tariff Fears Crush Rate Cut Hopes
Market euphoria slams into trade war reality as crypto giants tumble.
The tariff hammer drops
Just when traders thought rate cuts would send prices soaring, new import taxes sent digital assets into a tailspin. Bitcoin and Ethereum—the twin engines of crypto—got caught in the crossfire of geopolitical tensions.
Liquidity vanishes like a DeFi exploit
Optimism evaporated faster than yield farming rewards during a market correction. The usual 'buy the dip' crowd hesitated—proof even crypto bros get spooked when actual economic consequences appear.Silver lining for degenerates?
Volatility means trading opportunities (and liquidation events) for those brave enough to play. After all, what's a 20% swing between friends when you're already 10x leveraged?
Another day, another chance for Wall Street to pretend they understand blockchain while quietly accumulating positions.