In American, Jani Lucky has increased the difficulty of digital currency bitcoins, in fact, there is a decline in bitcoin in the last few days, in which this digital currency has come below 90 thousand dollars. On the other hand, other digital currency like Etherium and Solana has also fallen by 15 percent.
According to experts, this decline in digital currency has come due to American investment sanctions on China. Due to all these reasons, there has been a decline in bitcoin, ethiram, XRP and solana. If you also have interest in digital currency, then we are telling you about it in detail here.
Due to the US investment sanctions on China, on Tuesday, 25 February 2025, there has been a major decline in the Blue Chip Cryptocurrency including Bitcoin, Etherium, XRP and Solana. While bitcoin fell by 5.4% to $ 89,626, Etherium fell 7.7% to $ 2,498 and in the last 24 hours the global crypto market cap fell 4.7% to $ 2.98 trillion. The market cap of bitcoin fell to $ 1.825 trillion.
US President Donald Trump's announcement of tariffs on Canada and Mexico and investment ban on China have weakened investors' perception and it has directly lying on the retail cell. Due to which pressure on US dollar has increased.
Mudrex CEO and co-founder Edul Patel said, "Global Market has reacted strongly to Trump's 25% tariff on Canada and Mexico, which has affected Crypto. Inflation concerns and business disruption are promoting short -term selling, but investors should be focused on how neighboring countries react. ”
PI42's Founder and CEO Avinash Shekhar said, "Trump's tariff threats against Mexico and Canada have caused panic, which has ended $ 230 billion from the Crypto market."
Major Altcoins also declined, with a decline of 9% in XRP, 7% decline in BNB, 15.5% decline in Solana and 12.7% decline in dogcowine. Cardano, Chenlink, Tron, Needle, Evelyn, Staller, Litcin, Shiba Inu and Hedera declined between 6% to 17%.
