President Donald Trump's "Liberation Day" tariffs triggered a global financial rout last week, with bitcoin plunging to $74,500 and ethereum to $1,380--their lowest since early 2023--according to an April 9 Glassnode report. Researchers Ukuriaoc and Cryptovizart linked the sell-off to tariff-induced liquidity strains and a faltering U.S. dollar, deepening digital assets' broad-based contraction. Glassnode Report: […]
Glassnode Data Shows Seller Exhaustion Emerging in Bitcoin, Ethereum Markets
Bitcoin.com - 10 Apr 2025 20:10
President Donald Trump's "Liberation Day" tariffs triggered a global financial rout last week, with bitcoin plunging to $74,500 and ethereum to $1,380--their lowest since early 2023--according to an April 9 Glassnode report. Researchers Ukuriaoc and Cryptovizart linked the sell-off to tariff-induced liquidity strains and a faltering U.S. dollar, deepening digital assets' broad-based contraction. Glassnode Report: […]
Share this Article
Recommended