{"id":21602,"date":"2025-04-11T03:03:01","date_gmt":"2025-04-11T03:03:01","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=21602"},"modified":"2025-04-11T03:03:01","modified_gmt":"2025-04-11T03:03:01","slug":"bitcoin-ethereum-dogecoin-tumble-as-trump-ups-china-tariffs-scraps-irs-rule-in-nod-to-crypto-voters-rising-yuan-could-boost-altcoins-says-analyst","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=21602","title":{"rendered":"Bitcoin, Ethereum, Dogecoin Tumble As Trump Ups China Tariffs, Scraps IRS Rule In Nod To Crypto Voters: Rising Yuan Could Boost Altcoins, Says Analyst"},"content":{"rendered":"
\n

The cryptocurrency market cap dropped 2.80% in 24 hours to $2.54 trillion following President Donald Trump<\/strong>\u2018s sweeping tariff announcement, imposing a 145% duty on Chinese imports and a 10% universal tariff on most other goods.<\/p>\n

<\/p>\n\n\n\n\n\n\n
Cryptocurrency<\/td>\nGains +\/-<\/td>\nPrice (Recorded at 9.47 p.m. ET)<\/td>\n<\/tr>\n
Bitcoin<\/strong> (CRYPTO: BTC<\/a>)<\/td>\n-3.34%<\/td>\n$79,672.33<\/td>\n<\/tr>\n
Ethereum<\/strong> (CRYPTO: ETH<\/a>)<\/td>\n-6,13%<\/td>\n$1,532.89<\/td>\n<\/tr>\n
Dogecoin<\/strong> (CRYPTO: DOGE<\/a>)<\/td>\n-1.35%<\/td>\n$0.1552<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n

On Thursday, Trump signed legislation nullifying a revised Internal Revenue Service rule that had expanded the definition of \u201cbroker\u201d to include decentralized cryptocurrency exchanges.<\/p>\n

The rule, finalized during former President Joe Biden<\/strong>\u2018s administration, was criticized by the crypto industry as unworkable for DeFi platforms that lack visibility into user identities. This action fulfills part of Trump\u2019s campaign promise to be a \u201ccrypto president.\u201d<\/p>\n

The Crypto Fear and Greed Index registered at 21, remaining in \u201cFear\u201d territory for the second consecutive day, significantly down from November\u2019s yearly high of 88.<\/p>\n

Over $297.81 million in crypto positions were liquidated in the past 24 hours, affecting 101,191 traders. The largest single liquidation occurred on Binance\u2019s ETH-USDT pair, worth $11.85 million, according to CoinGlass.<\/p>\n

Top Gainers (24-Hours)<\/strong><\/p>\n

<\/p>\n\n\n\n\n\n\n
Cryptocurrency<\/td>\nGains +\/-<\/td>\nPrice (Recorded at 9.47 p.m. ET)<\/td>\n<\/tr>\n
Onyxcoin<\/strong> (XCN)<\/td>\n+45.76%<\/td>\n$0.01741<\/td>\n<\/tr>\n
Curve DAO Token<\/strong> (CRV)<\/td>\n+13.16%<\/td>\n$0.5761<\/td>\n<\/tr>\n
Render<\/strong> (RENDER)<\/td>\n+6.42%<\/td>\n$3.54<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n

Traditional markets reeled from Trump\u2019s announcement of a temporary 10% universal tariff on most imports and a 145% duty on Chinese goods.<\/p>\n

In Thursday’s session, the S&P 500, tracked by SPDR S&P 500 <\/strong>(NYSE:<\/p>\n

Full story available on Benzinga.com<\/a><\/p>\n

<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The cryptocurrency market cap dropped 2.80% in 24 hours to $2.54 trillion following President Donald Trump\u2018s sweeping tariff announcement, imposing a 145% duty on Chinese imports and a 10% universal tariff on most other goods. Cryptocurrency Gains +\/- Price (Recorded at 9.47 p.m. ET) Bitcoin (CRYPTO: BTC) -3.34% $79,672.33 Ethereum (CRYPTO: ETH) -6,13% $1,532.89 Dogecoin […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-21602","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21602","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21602"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21602\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}