Crypto Market Loses $110bn as Trump Slaps Tariffs on Canada and Mexico

The cryptocurrency market experienced a sharp decline on Monday, erasing over $110bn in value as Bitcoin (BTC) and altcoins dropped to their lowest levels in weeks. This sudden downturn followed a period of stability and was driven by growing economic concerns and unsettling developments within the crypto asset sector.

Major crypto exchanges like Coinbase Global Inc. (NASDAQ: COIN) are likely to watch the trading activity on their platforms to see if the market sentiment changes soon from the current sell-off to a more…

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