• Latest
  • Trending
Crypto prices and stocks slump over Trump's new trade taxes

Crypto prices and stocks slump over Trump’s new trade taxes

April 4, 2025
South African investment giant raises caution on Bitcoin ETF risks

South African investment giant raises caution on Bitcoin ETF risks

September 26, 2025
OpenAI’s ChatGPT Pulse now available for Pro users

OpenAI’s ChatGPT Pulse now available for Pro users

September 26, 2025
MSport 2025

MSport 2025: Nigeria’s #1 Sports Betting Site, Powered by Chelsea & BVB

September 25, 2025
MNT-Halan introduces Egypt’s first secure lending solution via Halan App

MNT-Halan introduces Egypt’s first secure lending solution via Halan App

September 25, 2025
Visa, intella partner to boost MENA’s financial institutions with Arabic conversational AI

Visa, intella partner to boost MENA’s financial institutions with Arabic conversational AI

September 25, 2025
Airtel Africa invests in education with 100 scholarships and new tech hubs

Airtel Africa invests in education with 100 scholarships and new tech hubs

September 25, 2025
SINOTRUK enters Libya with Aseel Auto as exclusive distributor in Benghazi

SINOTRUK enters Libya with Aseel Auto as exclusive distributor in Benghazi

September 25, 2025
Tango Brook launches digital card for fuel management

Tango Brook launches digital card for fuel management

September 25, 2025
AI in Nigeria announces 3rd edition of InnovationAI

AI in Nigeria announces 3rd edition of InnovationAI

September 25, 2025
Interswitch Unveils Quickteller Travel to Transform African Travel Experience

Interswitch Unveils Quickteller Travel to Transform African Travel Experience

September 25, 2025
Your one-stop tech hub! Get the latest updates on AI, cybersecurity, fintech, and emerging technologies.
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Tech TV
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Tech TV
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
Techpression
No Result
View All Result
Home Cryptocurrency

Crypto prices and stocks slump over Trump’s new trade taxes

Abimbola Samuel by Abimbola Samuel
April 4, 2025
146 5
1
Crypto prices and stocks slump over Trump's new trade taxes

Crypto prices and stocks slump over Trump's new trade taxes

468
SHARES
Share on FacebookShare on TwitterWhatsAppTelegram

On Thursday, cryptocurrency prices and related stocks fell sharply after U.S. President Donald Trump announced new taxes on imports, sparking concern in global markets.

Fearing a potential trade war, investors sold off risky assets, including Bitcoin and tech stocks.

Read also: Elon Musk denies U.S. government plans to adopt Dogecoin

Major declines across the crypto market

Coinbase, a popular crypto exchange, dropped nearly eight percent, while MicroStrategy, a big Bitcoin investor, fell over five percent. Bitcoin mining companies like Marathon Digital and Riot Platforms also saw losses between five percent and nine percent. Bitcoin itself fell almost four percent, and Ethereum dropped more than five percent.

RelatedPosts

Sub-Saharan Africa crypto volume surges 52% to over $205b, driven by economic needs

Altvest bets on bitcoin to build Africa’s first public treasury

10 things you can actually buy with crypto in Africa

Experts say the drop shows that crypto is now reacting more to big economic changes. “Crypto moves with global markets, just like stocks,” said David Hernandez from 21Shares. “When investors get nervous, they sell risky assets like Bitcoin.”

Despite the drop, some believe crypto could recover faster than stocks. “Bitcoin is still holding strong at key price levels,” Hernandez added. Others think trade wars might actually help crypto in the long run.

“Higher taxes on trade could weaken the U.S. dollar,” said Marcin Kazmierczak of RedStone. “If people lose trust in traditional money, they may turn to Bitcoin as an alternative.”

For now, markets remain shaky. But if things calm down, crypto could see a quick rebound as investors look for bargains.

Read also: Trump pledges to make U.S. the world’s crypto capital

Key facts about the stock market

The stock market is where investors buy and sell publicly traded company shares. It plays a key role in the economy, allowing businesses to raise capital and individuals to invest for potential profit.

Stock prices change based on company performance, economic conditions, and investor sentiment. Major markets include the New York Stock Exchange (NYSE) and Nasdaq. Factors like interest rates, inflation, and global events can impact stock movements.

While investing in stocks offers growth opportunities, it also carries risks. Many investors diversify their portfolios to manage risk and maximise returns over time.

Tags: BitcoinCryptoDonald Trumpstocktax
Abimbola Samuel

Abimbola Samuel

Experienced crypto writer with 2+ years of expertise. Skilled researcher and analyst delivering high-quality articles. Providing insightful perspectives on the latest crypto trends.

Comments 1

  1. Anthonybeany says:
    6 months ago

    Top crypto influencers

No Result
View All Result

Quick Links

  • Tech News
  • Cryptocurrency
  • Fintech
  • Startups
  • Business

Follow Us:

  • facebook
  • instagram
  • Twitter(X)
  • Linkedin
  • YouTube
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 Techpression.com -Techpression Media Limited

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in .

No Result
View All Result
  • Home
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Reviews
    • How To
    • General News
  • Cryptocurrency
  • Business
  • Fintech
  • Startups
  • Featured
  • Ai
  • Tech TV

© 2025 Techpression.com -Techpression Media Limited

techpression.com
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

3rd Party Cookies

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.