@fredericx24b
The U.S. announcement of "reciprocal tariffs" on April 2 sent shockwaves through crypto markets, with Bitcoin plummeting 7.2% from $88,500 to $82,100 in 24 hours . Ethereum fell 3.29% to $1,817, while Solana (SOL) and XRP dropped 6.17% and 4.17%, respectively. Institutional investors withdrew **$8.6 billion** from crypto ETFs amid fears of global trade tensions, with gold surging past $3,150 as a safe-haven alternative . Analysts note Bitcoin’s 0.74 correlation to the Nasdaq, amplifying volatility, while Solana’s long-term growth potential remains intact despite short-term dips .
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