Bitcoin, Ethereum, Dogecoin Crash On Trump’s Tariff ‘Liberation Day’ — Analyst Says Buying BTC Between These Levels Could Lead To ‘Substantial Gains’
Leading cryptocurrencies pulled back Wednesday evening after President Donald Trump’s “Liberation Day” tariff shock.
| Cryptocurrency | Gains +/- | Price (Recorded at 8:30 p.m. ET) |
| Bitcoin (CRYPTO: BTC) | -2.13% | $83,296.75 |
| Ethereum (CRYPTO: ETH) |
-4.65% | $1,814.86 |
| Dogecoin (CRYPTO: DOGE) | -5.02% | $0.1645 |
What Happened: After breaching $88,000, Bitcoin sharply reversed course, plunging to a low of $82,182.32.
Ethereum saw a similar fate, plummeting to $1,780 from $1,950 earlier in the day.
Over $515 million was liquidated from the market in the last 24 hours, with long liquidations worth $290 million
Bitcoin’s Open Interest shrank by 6% in the last 24 hours, while funds locked in Ethereum’s unsettled futures contracts dipped by 2.21%.
That said, the Long/Short Ratio increased over the last 24 hours, suggesting an increase in the number of traders placing bullish bets on the leading cryptocurrency.
The market sentiment tumbled into “Extreme Fear,” according to the Crypto Fear and Greed Index.
Top Gainers (24-Hours)
| Cryptocurrency | Gains +/- | Price (Recorded at 8:30 p.m. ET) |
| EOS (EOS) | +18.67% | $0.8092 |
| DeXe (DEXE) | +9.73% | $14.78 |
| Raydium (RAY) | +5.07% | $1.88 |
The global cryptocurrency market capitalization …
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