Bitcoin and Ethereum prices tumble as global risk sentiment rises over new US tariffs, cryptocurrency market cap shrinks.

Cryptocurrencies like Bitcoin and Ethereum are witnessing sharp declines attributed to increased global risk sentiment post the latest US tariff pronouncements by Pr

Cryptocurrencies like Bitcoin and Ethereum are witnessing sharp declines attributed to increased global risk sentiment post the latest US tariff pronouncements by President Trump. Bitcoin slipped below $75,000, with Ethereum plummeting by 18.4%. The overall market capitalization of cryptocurrencies contracted by 8.59% to $2.44 trillion, fueled by apprehensions of an impending recession and speculations of interest rate reductions.