Crypto Sentiment Hits 6-Month Low After Trump’s Tariffs
Pulse of the market
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The Crypto Fear & Greed Index plunged to 27 (“Fear”) after US President Donald Trump announced a 100% tariff on China. Bitcoin briefly dipped to $102,000 on Binance futures, while over $19.2B worth of crypto positions were liquidated in 24 hours, per CoinGlass. -
Geopolitical pressure always hits risk assets first. The reaction might be temporary, but it’s a reminder of global ties.
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Sentiment might be down now, but crypto tends to recover faster than traditional markets after such shocks.