President Trump to Order "Reciprocal Tariffs" to Begin at Midnight

President Trump’s “Liberation Day” announcement of reciprocal tariffs on Wednesday caused sharp declines in the crypto market, with Bitcoin, Ether and Solana dropping around 6%, 8% and 15%, respectively.Bitcoin’s volatility, ETF outflows and correlation with equities are raising questions about its “digital gold” narrative, according to analysts at JPMorgan.

JUST IN: 🇺🇸 SEC acknowledges filing for Fidelity's spot Solana SOL ETF.

Three other states — Kentucky, Vermont and South Carolina — have already dropped their suits.

Dogecoin experienced a 12.7% price swing as technical indicators point to critical support levels amid recovery attempts