Bitcoin, Ethereum, XRP, Dogecoin Extend Losses As White House Hammers Chinese Goods With 104% Tariff
Posted On April 8, 2025
Cryptocurrency markets are down on Tuesday, amid the White House announcing a 104% tariff on Chinese goods, further intensifying fears of a global trade war.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $76,817.60 | -2.1% |
| Ethereum (CRYPTO: ETH) | $1,465.08 | -5.6% |
| Solana (CRYPTO: SOL) | $105.02 | -0.9% |
| XRP (CRYPTO: XRP) | $1.83 | -3.3% |
| Dogecoin (CRYPTO: DOGE) | $0.1441 | -2% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001073 | -5.2% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 75.8% and daily active addresses growing by 16.2%. Transactions greater than $100,000 are up from 7,593 to 13,114 in a single day. Exchanges netflows are up by 154%.
- Coinglass data reports 101,818 traders were liquidated in the past 24 hours for $302.01 million.
Notable Developments:
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