Degen

The cryptocurrency market has seen a sharp decline today, with the total market value falling 4.90% to $2.99 ​​trillion. At the same time, trading volume increased by 75.57% to $143.57 billion, indicating widespread selling due to investor panic. The Fear and Greed Index also fell to 29, adding to the market’s concerns.

Donald Trump’s comments about imposing import tariffs on Canada and Mexico have increased economic uncertainty. In addition, over $914 million in trading positions have been liquidated in the past 24 hours, fueling the selling pressure in the market.

Bitcoin’s price has reached the $89,000 range, while altcoins such as Ethereum, Solana, and Ripple have also experienced price declines of 8.24, 12.02, and 8.41 percent, respectively. Meanwhile, IP Token has seen the biggest increase with a 27.20% increase, while Lido DAO has recorded the biggest decrease with a 14.48% drop.