The market is disrupted amid a tariff 104 % on China?

The encryption market was postponed today in a sharp correction, losing approximately 4 % in the total market value and a total of $ 2.43 trillion. This decrease follows a declaration a 104 % tariff adjustment In China by the United States, the shock of the policy that sent another round of shock waves across global financial markets, including encryption.
When talking about traditional financing markets, the S&P 500 has suffered from the worst one day since the 2008 financial crisis. In the midst of these disorders, the Crypto Fear & Greed index was directed to 15, indicating “extreme fear” among investors. The daily business sizes reflect panic, as they decreased by 35 % to 124.44 billion dollars.
Bitcoin price slid to 77 thousand dollars!
Bitcoin has seen another setback on its daily scheme, and this time it fell to its lowest level 24 hours a period of 74,589 dollars. However, at the time of writing this report, it changes hands at 77,140.77 dollars. Despite the fall, encryption supporters such as Karl Moon and the leader of the commander believed that this is the final decrease before the bull’s resumption resumed.
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Altcoins wears BTC shoes?
Ethereum got the most difficult blow among the best coins, as more than 6 % decreased, while XRP and Solaa closely followed, with losses of 3.15 % and 3.06 %. However, some low symbols stood. Hype, IP and Jasmy have managed to record more than 3 % gains, a rare scene on a red day. On the other hand, the AB code decreased by more than 23 %, which led to the list of the best losers beside EOS near EOS, which decreased 10.04 %, and 8.21 %.
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Common questions
The market collapse was operated by the United States, which is a 104 % tariff for China, which led to global sale in both traditional markets and encryption.
The noise, IP and Jasmy have published gains more than 3 % in the past 24 hours, which violates the total declining trend.
It reflects the degree of 15 “extreme fear”, indicating the increasing caution of the investor and the possibility of market fluctuation.