It's a bloodbath in the crypto market

It’s something of a Black Friday in the crypto market with extreme selling in some names after Trump announced an additional 10% tariff on Chinese exports late in the day.Bitcoin is down 6% on the day to $113,700 but much-larger moves are happening in smaller names, starting with the 11.5% drop in ethereum and escalating from there to 14% in Ripple and Solana along with 21% in dogecoin, 21% in cardano and 40% in fartcoin. Hardly any coins have been spared with virtually all altcoins outside of the top-10 down 20-30% and that’s after a significant recovery from the lows. You can see the pain at our Live Quotes page or view our charts.
This article was written by Adam Button at investinglive.com.

Source: investinglive.com (Read Full Article)