"Following the imposition of tariffs, Bitcoin experienced a notable decline on Thursday, April 3, 2025. This drop coincided with the announcement of more comprehensive tariffs by U.S. President Donald Trump than initially anticipated.
Bitcoin fell by 0.3%, reaching $84,965.1. Other cryptocurrencies also saw declines, moving within a narrow to low range, according to CoinDesk, a cryptocurrency-focused website.
CoinDesk reported that Solana decreased by 0.6%, Cardano by 1.7
%, and Polygon by 0.9%. Dogecoin also fell by 2%, while Trump's coin, $TRUMP, decreased by 1.7%, categorized as a 'meme coin'.
In contrast, Ethereum, the second-largest cryptocurrency, rose by 0.2% to $1,870.98. XRP fell by 2.3%, settling at $2.09.
On Wednesday, April 2, 2025, President Trump imposed reciprocal tariffs of 10% on all imported goods, with higher tariffs for certain countries."
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