Crypto Price Today: Bitcoin holds firm at $97K amid US tariff concerns; Altcoins drop up to 6%
Speaking aboard Air Force One, Trump said he would introduce a 25% tariff on all steel and aluminum imports into the U.S. on Monday, with additional reciprocal tariffs to be revealed on Tuesday or Wednesday.
As of 12:19 pm IST, Bitcoin edged up 0.22% to $97,154, while Ethereum slipped 1% to $2,632. The global cryptocurrency market cap declined 0.33% to approximately $3.17 trillion over the past 24 hours.
Most major altcoins were in the red, while XRP rose 2.9%, Solana 1%, Dogecoin 2.5%, Cardano 1.7%, and Stellar dropped 6%. Shiba Inu lost 2.5%, Hedera 1.4%, and Tron 1%. Official Melania Meme and OFFICIAL TRUMP tokens fell 2.6% and 11%, respectively.
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View Details»«The crypto market is showing resilience despite volatility driven by economic shifts. Uncertainty around tariffs briefly pressured Bitcoin and Ethereum, but investor confidence has maintained key support levels. Bitcoin holding above $96,000 is crucial for a bullish trend, while a drop below could trigger bearish sentiment,» said Avinash Shekhar, Co-Founder & CEO, Pi42.
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