Market slides with the tariff headline, with most cryptos returning to pre-U.S. crypto reserve headline level. As of now, $BTC is trading at $86,209 and $ETH is trading at $2,149. Bitcoin dominance stands at 61.49%.
U.S. President Donald Trump signed a tariff order on China, increasing the existing 10% import tariff to 20%. Additionally, he confirmed that the 25% tariff on goods from Mexico and Canada will go into effect on Tuesday.
Other notable headlines include: Yuga Labs and Kraken announced that the SEC has closed its investigation, and David Sacks confirmed he sold all his crypto holdings before the Trump administration took office.
Over the past 24 hours, excluding stablecoins and $PAXG, $LEO was the only gainer, while the top three losers were $SNEK, $AI16Z, and $ADA.
