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Bloomberg: Ethereum leads the latest crypto sell-off as Trump escalates trade war

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2025-04-09 03:03:03
According to Bloomberg, a new round of digital asset selling has been triggered by U.S. President Donald Trump's insistence on tariffs, further dimming market hopes that a trade war could be avoided.
On Wednesday, Ethereum fell by more than 6% to hit its lowest intraday level since March 2023, before recovering somewhat. Bitcoin, the largest cryptocurrency, also fell by more than 3%, but then rebounded somewhat.
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