Bitcoin and Dogecoin Dive, Solana Visits 13-Month Low as Trump Tariffs Shake Markets

The price of Bitcoin slipped under$ 82, 000 on Thursday as U. S. President Donald Trump’s large new levies shook Wall Street and also sent currencies swimming.

The leading cryptocurrency dropped 5.8 % to$ 81, 732, according to crypto data provider CoinGecko. Solana, the sixth-largest digital advantage by market value, fell 12 % to a 13-month low under$ 113.

Dogecoin, the original and still most valuable meme coin by market cap, fell 10 % to about$ 0.157. And the Ripple-linked XRP has fallen by 7.4 % to$ 1.99.

Buyers were reeling as Trump’s decision to impose broad tariffs on 185 places prompted questions of hostile actions from America’s enemies and friends, while also weighing on economic growth forecasts global and bolstering inflation concerns.

The S&amp, P 500 dropped 4 %, the tech-heavy Nasdaq plummeted 5.1 %, and the Dow Jones Industrial Average hovered close to correction territory—or 10 % off its December high.

Trump unveiled a 10 % baseline tariff on all goods imported to the U. S. on Wednesday, but countries including China and the European Union were hit with outsized levies, totaling 34 % and 20 %, respectively. Those excursions were added to taxes that have already been imposed, yielding a combined total tax rate of 54 % on goods from China.

Beijing skewered Trump’s taxes and promised to fight, while European Commission President Ursula Von Der Leyen said measures are being prepared” to protect our interests and our corporations if conversations fail”.

Trump’s taxes represent the largest trade fees since&nbsp, the 1930s, according to the blockchain analytics firm Block Scholes. As a result, future investors have sought “further protection against upward goes”, the agency said on X, previously known as Twitter.

During Trump’s remarks from the White House Rose Garden on Wednesday, Bitcoin jumped as high as$ 87, 000. In the run-up to his statement, place Bitcoin ETFs generated$ 218 million worth of daily internet flows, their highest since Feb. 2, according to blockchain data provider CoinGlass.

Solana’s cost peaked above$ 293 in January, the day before Trump’s opening, and it was just changing arms around 61 % down from its all-time higher level from less than three months ago.