Crypto Crash Today – Feb 26th : Ripple News, Bitcoin Price, SBF Crypto, Trump UN Resolution

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February 25, 2025 05:31:34 UTC

Crypto Liquidations Fuel $950M Sell-Off After Tariff Announcement

Bitcoin fell to a multi-week low, triggering $950 million in liquidations after President Trump announced a return to 25% tariffs on over $900 billion in Canadian and Mexican imports, raising inflation fears. The announcement sent Bitcoin below $95,000, Ethereum to $2,500, and dragged altcoins into losses. Meanwhile, proposals for Bitcoin reserve bills failed in Montana, North Dakota, Wyoming, and South Dakota, stalling state efforts to invest public funds in crypto.

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