Cryptocurrencies plunged Thursday as markets digested the impact of U.S. President Trump’s sweeping tariffs. Bitcoin fell below $82,000, while Solana dropped to a 13-month low—while the President’s own Official Trump meme coin crashed by double digits.
The collapse came as global markets were rattled by the “Liberation Day” tariffs, triggering a broad risk-off move among traders, with the S&P 500 losing more than $2 trillion in market capitalization in just 15 minutes Wednesday.
Meanwhile, U.S. lawmakers zeroed in on Trump’s crypto connections, with Sen. Elizabeth Warren (D-MA) and Rep. Maxine Waters (D-CA) sending a joint letter to the SEC Acting Chair describing the President’s ties to World Liberty Financial, Inc. as an “unprecedented conflict of interest.”
Bitcoin and Dogecoin Dive, Solana Hits 13-Month Low as Trump Tariffs Shake Markets
Investors’ unease in the crypto market mirrored a tumultuous trading session on Wall Street, with Bitcoin, Solana, and other assets falling.
US Futures Fall, $2 Trillion Erased as Tariff Shock Hits Stocks, Bitcoin
Sweeping tariffs from Trump sent U.S. futures and Bitcoin lower, as investors fled risk amid fears of rising inflation and slowing growth.
‘Liberation Day’ Tariffs Tank Official Donald Trump Meme Coin 16%
The Official Trump meme coin has sunk to lows only seen within hours of its launch, following the President’s latest tariff announcements.
Lawmakers Press SEC for Details on Trump’s Crypto Connections
Trump’s crypto ties pose “an unprecedented conflict of interest,” said lawmakers asking the SEC for answers on paused enforcement cases.
From our partner
Flare Fair is your one-stop DeFi carnival: discover Flare’s ecosystem by completing tasks like bridging, lending, and staking and earn rewards from a 510M FLR pool, as well as FlareDrops. Interact with dApps, explore themed “rides,” and boost your earnings effortlessly. Doors to the Fair are open!
🎮️ GG: Ronin Games 'Forgotten Runiverse' and 'Pixels' Team Up for PIXEL Collab
Forgotten Runiverse will integrate the PIXEL token from farming game Pixels as the makers of the Ronin-based Ethereum titles work together.
🤖 EMERGE: Elon Musk’s Neuralink Opens Its Doors for Brain Implant Human Trials
Neuralink’s trials will include people with mobility, vision, or speech impairments, with travel and study costs covered.
🎭️ SCENE: ‘Hawk Tuah’ Girl Haliey Welch to Be Profiled in Upcoming Documentary
A production company is turning Welch’s whirlwind year from viral fame to meme coin meltdown into a documentary.
📚 Watch and Learn
📹️ WATCH: UNDER EXPOSED EP 19 – Circle IPO, OpenAI, HYPE and more
UNDER EXPOSED brings you coverage of the biggest macro news of the week impacting crypto and broader markets, with a focus on the newest trends, trades and narratives.
🎓️ LEARN: What is Uniswap? Beginner's Guide to the Leading Ethereum DEX
Uniswap is a protocol on Ethereum for swapping ERC20 tokens without the need for buyers and sellers to create demand. Here's how it works.
