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Analysts: The collective plunge of cryptocurrencies is related to Trump's latest remarks

On March 4, the collective plunge of cryptocurrencies, Bitcoin once fell below 83,000 US dollars in intraday trading, falling more than 11% in 24 hours, Ethereum fell more than 17%, and Ada fell more than 28%. Coinglass data shows that in the past 24 hours, cryptocurrency contracts on the whole network have exploded more than 1 billion US dollars, and the number of people who have liquidated their positions has exceeded 310,000. In the secondary market, most of the cryptocurrency concept stocks in Hong Kong stocks have also fallen. Boya Interactive once fell more than 13%, Ouke Cloud Chain once fell more than 21%, and OSL Group fell more than 3%. Analysts pointed out that the cryptocurrency circle has sold again, which is related to Trump's latest remarks. Trump said on March 3 local time that the reciprocal tariffs will be imposed on April 2, and the 25% tariffs imposed by the United States on Mexican and Canadian goods will take effect on March 4. After the news spread, investors' fears of a "trade war" intensified, and they sold risk assets such as US technology stocks and cryptocurrencies. (Brokerage China)