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Cryptocurrency News Articles

Bitcoin (BTC) Dips Below $84,000 Mark as Trump Announces New Tariffs

Apr 03, 2025 at 01:39 pm

Bitcoin (BTC), the world's oldest and most valued crypto, dipped below the $84,000 mark early Thursday following US President Donald Trump's announcement of fresh tariffs

Bitcoin (BTC) Dips Below $84,000 Mark as Trump Announces New Tariffs

President Donald Trump's announcement of fresh tariffs on countries including India saw Bitcoin (BTC) price slip below the $84,000 mark early Thursday, April 3. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — largely landed in the reds across the board as the overall Market Fear & Greed Index stood at 24 (Fear) out of 100, according to CoinMarketCap data. The Story (IP) token became the biggest gainer, with a 24-hour jump of nearly 8 percent. The OFFICIAL TRUMP (TRUMP) coin was the biggest loser, notching up a 24-hour loss of nearly 8 percent.

The global crypto market cap stood at $2.68 trillion at the time of writing, registering a 24-hour dip of 0.83 percent.

Bitcoin (BTC) Price Today

Bitcoin price stood at $83,503.50, registering a 24-hour dip of 1.03 percent, according to CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 71.15 lakh.

Ethereum (ETH) Price Today

ETH price stood at $1,831.47, marking a 24-hour loss of 1.53 percent at the time of writing. Ethereum price in India stood at Rs 1.58 lakh.

Dogecoin (DOGE) Price Today

DOGE registered a 24-hour dip of 1.56 percent, according to CoinMarketCap data, currently priced at $0.1669. Dogecoin price in India stood at Rs 14.46.

Litecoin (LTC) Price Today

Litecoin saw a 24-hour jump of 2.24 percent. At the time of writing, it was trading at $83.69. LTC price in India stood at Rs 7,210.99.

Ripple (XRP) Price Today

XRP price stood at $2.06, seeing a 24-hour dip of 0.79 percent. Ripple price in India stood at Rs 180.15.

Solana (SOL) Price Today

Solana price stood at $119.78, marking a 24-hour loss of 3.38 percent. SOL price in India stood at Rs 10,794.65.

Top Crypto Gainers Today (April 3)

According to CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:

Story (IP)

Price: $4.4824-hour gain: 7.69 percent

Raydium (RAY)

Price: $1.8524-hour gain: 3.70 percent

Mantra (OM)

Price: $6.3524-hour gain: 3.28 percent

Cosmos (ATOM)

Price: $4.4524-hour gain: 3.25 percent

Kaia (KAIA)

Price: $0.106424-hour gain: 3.04 percent

Top Crypto Losers Today (April 3)

According to CoinMarketCap data, here are the top five crypto losers over the past 24 hours:

OFFICIAL TRUMP (TRUMP)

Price: $9.4324-hour loss: 7.79 percent

Cronos (CRO)

Price: $0.0977524-hour loss: 7.52 percent

Jito (JTO)

Price: $2.0724-hour loss: 7.28 percent

Pi (PI)

Price: $0.647624-hour loss: 6.36 percent

Bonk (BONK)

Price: $0.0000112824-hour loss: 6.35 percent

What Crypto Exchanges Are Saying About Current Market Scenario

Edul Patel, CEO and co-founder, Mudrex said, “Bitcoin briefly hit a high of $88,500 today before reacting to President Trump’s announcement of fresh tariffs to be imposed on India, China, and the European Union. The news led to a broader pullback in the crypto market as major tokens erased earlier gains but have since rebounded, with BTC, SOL, and BNB recovering up to 3% from their lows.

Further, institutional interest in crypto remains strong, with Bitcoin ETFs recording an inflow of over $334 million. This level of institutional demand is unprecedented

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Other articles published on Apr 04, 2025