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Cryptocurrency Market Faces Renewed Pressure as Bitcoin, Ethereum Drop to Multi-Week Lows
Yahoo Finance· 2025-10-12 14:02
The cryptocurrency market has seen a drastic fall for two days in a row. Reports suggest this downturn comes in the wake of President Donald Trump‘s imposing 100% tariffs on China. On Sunday, the total market capitalization of the crypto market has plummeted to $3.7 trillion, down from a historic high of $4 trillion just last week. The trading volume currently stands at $250.02 billion, as indicated by CoinMarketCap data. Bitcoin (CRYPTO: BTC), the leading cryptocurrency globally, was valued at $1,11,660. ...