Bloomberg: Ethereum leads the latest round of cryptocurrency sell-off, as Trump escalates trade war
According to Bloomberg, amid U.S. President Trump's insistence on imposing tariffs, a new round of digital asset sell-off has been triggered, further dimming hopes that the trade war could be avoided. On Wednesday, Ethereum fell more than 6%, reaching its lowest intraday level since March 2023, but later rebounded. Bitcoin, as the largest cryptocurrency, also fell by more than 3%, but subsequently bounced back.
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