The cryptocurrency market is bleeding as a result of “the day of release.”
It was US President Donald Trump himself who called on April 2, 2025 the day that marked the beginning of a protectionist policy that attempts to “liberate” his country, which applies other countries, and the day that marked the beginning of a protectionist policy that threatens their interests.
As Cryptootics reports, Trump has announced mutual tariff regimes on imports.
To pass it cleanly, this means that the US will impose taxes on imported products from countries that also apply taxes to US acquisitions.
During his speech, the US President showed a table of tariffs applied to countries including China, the European Union, Japan, Canada and Latin American countries.
The impact of the “commercial war” that Trump unleashed was almost immediate in the digital asset market.
This is a sample Over 90 cryptocurrencies that make up the top 100 market capitalizations have been dyed red.
This occurs because Bitcoin (BTC) and cryptocurrency are considered risky assets by many investors. Therefore, in these contexts, they are refuge in other financial instruments that are less exposed to market fluctuations, such as treasured debt.
However, there are some assets that show strength and resist a decline in the general market.
As observed in the previous image, EOS is active with the best weekly performance.
Over the past seven days, its price has grown from 0.57 to $0.83, representing a 40% increase.
The reason for explaining this good performance of native tokens in EOS networks is part of the turn to Web 3 banks.
As Cryptootics reports, both the network and the token will change their names until the end of May. The purpose of this Rebranding It gives impulses to this new project, which specializes in providing banking financial services.
The proposal seeks to harness the technology and destructive product demands of cryptocurrency networks to create a secure, scalable and comprehensive financial ecosystem. To do this, you will integrate Exsat, Bitcoin digital banking, into your vision of Web 3 Banking.
The tool, combined with the Bankingos Vaulta system, promises to provide a highly scalable, high-performance banking operating system designed to provide developers and businesses with speed, reliability and unparalleled flexibility.
Apart from developer optimism, it should be noted that networks such as Bitcoin, Ethereum, and Solana already offer these solutions. So we need to see if the initiative promoters can make the big adoption they expect. Perhaps it is merely an attempt to restore land that has been lost in recent years.
Gold shines in the market
Stupid stuff fixed by the value of ounces of gold are other assets that resist the general fall of the market.
As reported by Cryptonoticia, Precious metals reached $3,150 per ounce In the midst of political tensions and economic uncertainty that sparks a war on tariffs that Trump drives.
In this context, Tether Gold (Xaut) is a stable currency fixed in gold with a larger market capitalization, recording yields above 2% each week.
The Pax Gold (PAXG) portion, which is the one that continues to be sized, will experience a 1.5% price increase.
It emphasizes the continued performance of valuable metals It is a priority evacuation asset by most investors In these contexts.
Keep in mind that gold is the most valuable asset in the world with a market capitalization of over $21 billion (The signEnglish), it stimulates confidence in the market.
Furthermore, it has been used as a millennium exchange, which emphasizes its fundamental role as a value reserve.
(TagstoTranslate)Altcoins(T)Cryptocurrency(T)Prices and related transactions
