Why Crypto Market is Down Today? Trump Tariff Sparks 5% Crash

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After a strong start to the week, market sentiment took a sharp turn as traders adopted a more cautious tone. Early excitement around Pump.fun’s PUMP token cooled quickly after Gate.io mysteriously removed its presale announcement, which had briefly teased a $600 million target for July 12.

Meanwhile, Bit Digital made waves by selling all its Bitcoin holdings and shifting its entire treasury to Ethereum, now holding over 100,000 ETH worth $254.8 million, making it one of the largest public ETH holders.

But the real shock came, as the crypto market…



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Why Crypto Market is Down Today? Trump Tariff Sparks 5% Crash


After a strong start to the week, market sentiment took a sharp turn as traders adopted a more cautious tone. Early excitement around Pump.fun’s PUMP token cooled quickly after Gate.io mysteriously removed its presale announcement, which had briefly teased a $600 million target for July 12.

Meanwhile, Bit Digital made waves by selling all its Bitcoin holdings and shifting its entire treasury to Ethereum, now holding over 100,000 ETH worth $254.8 million, making it one of the largest public ETH holders.

But the real shock came, as the crypto market…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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