Trump's remarks on tariffs sent the crypto market down yesterday

Original | Odaily Planet Daily (@OdailyChina)

Author|jk

May 30, the overall crypto market fell below $104,000 as Trump claimed that there might be a new round of tariff measures , the mainstream currencies generally fell. Investor sentiment tends to be cautious, and the market lacks a clear upside catalyst in the near term.

According to Coingecko data, BTC was quoted at $104, 028, down 1.7% in the past 24 hours, and the 7-day decline extended to 3.8%, and the market capitalisation fell back to $2.07 trillion. Although volume remained high at $39.3 billion, price action remained under pressure. ETH fell even more significantly, falling 4% in 24 hours and is currently trading at $2,520, dropping its market cap to $306.8 billion.

328.5K

The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.