Why Crypto is falling sharply: What triggered Bitcoin, Ethereum, Solana, and XRP sell-off?

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The cryptocurrency market is experiencing a sharp decline after President Donald Trump announced new tariffs on China, Canada, and Mexico. Bitcoin (BTC) dropped below $97,000, marking a 2.5% fall, while Ethereum (ETH), Solana (SOL), and XRP also suffered losses. XRP was hit the hardest, plunging 9.7% to $2.35. Investors reacted negatively to the trade war fears, leading to a broad sell-off in the digital asset is Crypto falling sharply?The biggest reason behind the market crash is Trump’s new tariff policy, which includes:25% tariffs on imports from Canada and Mexico10% tariffs on goods from ChinaThese trade restrictions have sparked concerns about a global economic slowdown, leading investors to pull money out of riskier assets like Bitcoin and Ethereum. The impact has been felt across both traditional and crypto markets.

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