They say that pride cometh before the fall, and the adage certainly proved true for the cryptocurrency – and, frankly, stock – market on April 2. In the leadup to President Donald Trump’s Liberation Day reciprocal tariff announcement, numerous assets enjoyed strong rallies with, for example, Bitcoin (BTC) briefly soaring above $87,000 only to plunge to $83,662 by press time on April 3. BTC one-week price chart. Source: Finbold The same phenomenon was evident with the entire cryptocurrency market as the digital assets’ collective market capitalization soared to $2
source: https://finbold.com/liberation-day-wipes-140-billion-from-crypto-market-within-hours/