Cryptocurrency Market Faces Renewed Pressure as Bitcoin, Ethereum Drop to Multi-Week Lows
Posted On October 12, 2025
The cryptocurrency market has seen a drastic fall for two days in a row. Reports suggest this downturn comes in the wake of President Donald Trump‘s imposing 100% tariffs on China.
On Sunday, the total market capitalization of the crypto market has plummeted to $3.7 trillion, down from a historic high of $4 trillion just last week. The trading volume currently stands at $250.02 billion, as indicated by CoinMarketCap data.
Bitcoin (CRYPTO: BTC), the leading cryptocurrency globally, was valued at $1,11,660.41, while Ethereum (CRYPTO: ETH) was priced at $3,817.26. The wider crypto market experienced a …
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