Bitcoin & Stocks decline; Trump says the market needs medicine

Bitcoin and other cryptocurrencies penetrate as they continue to bear the weight of the tariff war. However, US President Donald Trump believes that he is not deliberately manipulating the market.

Amid the fall of Bitcoin, Trump says the market needs its medicine

Amid a sharp decrease in US stock futures and the encryption market, US President Trump said in an interview that the treatment of the market that causes the sale is not intended. He stated that he discussed the issues of customs tariffs with European and Asian leaders and expressed his inability to predict market movements. When asked about the performance of the market, the market sometimes referred to “taking the medicine”.

Note that the result is not limited to the encryption market, but it extends to the global economy. For example, Japanese and South Korean stock markets have witnessed a sharp decrease in the opening. The Nikkei 225 index opened 1.9 % on Monday, and the South Korean KOSPI index opened by 4.3 %.

Earlier, Nikkei 225 and Topix Index led to the circuit breaker after a sharp drop, which led to temporary trading.

Meanwhile, Bitcoin fell to less than $ 78,000 today and was trading at $ 77,619. Bitcoin is currently estimated at $ 78,425, which is still 6.06 % during the past 24 hours.

Ethereum also decreased by more than 12 %, to $ 1585.8 with other encryption continued in the declining direction.

In fact, and The ceiling of a global encryption market It is 2.48 trillion dollars, which is 7.45 % decrease during the last day.

The total volume of the encryption market over the past 24 hours is 98.68 billion dollars, which reflects an increase of 128.15 %. The total size in Defi is currently $ 5.91 billion, and 5.99 % of the total encryption market 24 hours. The size of all Stablecoins is now 92.62 billion dollars, which is 93.86 % of the total code size 24 hours.

Also read: Chic Tizz shares investment advice: focus on basics, long -term bets, invest in founders with a mission

Written by Rito Lavania

Ritu Lavania is a multi -use Web3 content creator with more than three years experience in the encryption space. It is part of the team in Cryptonewsz, where you write insightful and attractive content. She also contributed to Thecryptotimes and Coin Edition, where her work was well received by the encryption community. Maher in research, creative writing, senior economic officials, and job cooperation, creating content specifically designed for a varied audience. Population of education, devotes time to teaching children and expressing themselves through poetry. It always yearns for learning, constantly exploring new trends in Blockchain origin and digital assets. It strongly believes in telling stories to make complex encryption themes easier and attractive to readers all over the world.