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The Crypto Market market escaped more than $ 287 billion within 24 hours as concerns about the failure of the “Black Black Monday” securities in 1987 following the overwhelming commercial tariffs submitted by Donald Trump last week.
Bitcoin fell below the main support level of $ 80,000 after a 9 % discharge for trading at 75,533 dollars at 4:10 am US EST. Ethereum achieved worse, as it decreased by 18 % to circulate at $ 1465.
In general, the ceiling of the encryption market by 10.7 % sank to the market value of $ 2.37 trillion, according to Coinmarketcap.
The MI coins led the decline, as all the first ten symbols published sharp losses and the sector generally decreased about 19 %.
Asian markets retreat, Goldman Sachs raises the possibilities of American recession
The Hang Kong Index in Hang Kong decreased by 13.7 %, while the Japanese Nikki 225 Nikki index lost 7.8 %.
Goldman Sachs raised the possibilities he puts in the American recession to 45 %, from 35 % before, and said that in the recession scenario it is expected that the Federal Reserve will reduce standard interest rates by 200 basis points next year.
Other analysts have noted that reducing interest rates may be complicated if, as expected widely, Trump’s tariff causes high inflation.
Jim Kramer warns of CNBC from Black Monday 2.0
Crypto’s crash comes as a market commentator and a “MAD Money” show from CNBC that Jim Cramer said that the market will witness the worst decrease for one day since “Black Monday” in 1987.
At that time, the Dow Jones industrial average decreased by 22.6 percent in one day.
Only in: Jim Cramer warns of the “Black Monday” market accident on Monday.
This means one thing and only one thing – it’s time for Americans “buy! Buy! Buy!”pic.twitter.com/9yhn1re3vl
– Kyle becker (@kylenabecker) April 5, 2025
Cramer believes that history can repeat itself today because of the commercial definitions it imposes Trump. He added that the situation may get worse if the American president does not communicate with countries that have not imposed retaliatory definitions.
Investors participate in encryption in the same negative expectations. the Fear of encryption and greed indicatorWhich measures feelings in the area of digital assets, decreased to 23, indicating “extreme fear” in the market.
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