Bitcoin, Ethereum, and major cryptocurrencies plunge as US tariff plans fuel recession fears
Monday, 7 April 2025 Cryptocurrencies, including Bitcoin and Ethereum, are experiencing significant declines due to heightened global risk sentiment following new US tariff announcements by President Trump. Bitcoin fell below $75,000, while Ethereum dropped 18.4%. The market cap of cryptocurrencies shrank by 8.59% to $2.44 trillion, amid fears of a potential recession and speculative interest rate cuts.
Today’s show is packed with drama, intrigue, and a whole lot of headlines that have everyone talking. We kick things off with the financial world, where Bitcoin has taken a nosedive alongside the stock market. Once hailed as a hedge against traditional market volatility, Bitcoin’s recent drop has...
Goldman Sachs has raised the odds of a major US and global recession, warning that President Trump’s new tariffs could trigger a sharp economic downturn. Amid rising market panic and tightening..
Monday, 7 April 2025
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