Tariff impact: Total crypto market capitalisation plummets by 25.9% from January highs
By
Binu Mathew
With investors reacting to the tariff announcements, the total crypto market capitalisation has dropped about 25.9% from January highs — wiping out about $1 trillion in value, says Binance Research.
In its analysis, it says the crypto market is navigating a turbulent macroeconomic landscape as heightened global trade tensions trigger a pronounced ‘risk-off’ shift across asset classes.