CoinsAQ
All news

CoinsAQ summary · neutral

$600M in Longs Wiped as BTC Crashes to 3-Week Low on Trump Tariff Shock

What happened

Today, being August 1, means that many of US President Donald Trump’s tariffs against multiple nations are supposed to be enforced, which had a drastic impact on the cryptocurrency market. Bitcoin, for one, dropped by several grand in a day to a multi-week low of under.

Related asset context

Not financial advice. News and sentiment can be incomplete, delayed, or change quickly.