Ether, Altcoin Drops Two Digits as Trump's Tariffs Continue to Cause Damage

2025-02-03 08:24:46

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Ether and top altcoins including Cardano have dropped two digits in one hour as the market continues to be volatile due to the first round of tariffs imposed by US President Donald Trump on imports from China, Canada, and Mexico. Ether ( ETH ), the second largest cryptocurrency by market capitalization, has dropped 16% in just one hour to $2,368 on February 3 at 2:11 AM UTC. Since then, the price has recovered to $2,521 but still down 38% from the peak of $4,078 in 2024.

HAI17,51%

S7,1%

TRUMP0,14%

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