Trump’s Bold Tariff Demands Impact Cryptocurrency Markets

Key Points

1. Ethereum (ETH) has fallen below $3,600, with analyst Michaël van de Poppe sharing a buying target for SEI Coin at $0.29.

2. XRP Coin lost the $3.3 support level, and the ETH/BTC pair's decline led to similar patterns in altcoins.

3. Analyst Fella suggests Ethereum is building momentum for a parabolic rise, with capital flow shifts to altcoins expected to drive excitement.

4. Trump's tariff demands and political developments are influencing cryptocurrency market volatility.

5. The DeFi sector showed robust performance, with regulatory shifts under Biden and Trump impacting the landscape.