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Bitcoin, ether rout extends as tariff war pain batters cryptocurrency assets

SCMP LogoSCMP23h ago

Bitcoin, ether rout extends as tariff war pain batters cryptocurrency assets - SCMP

Quick Summary:

Cryptocurrency investors appear to be in full sell mode’, according BTC Markets analyst Charlie Sherry.

Coinglass data show about US$758 million worth of bullish cryptocurrency wagers were liquidated in the past 24 hours, the most in nearly six weeks.

Both bitcoin and ether later pared losses.

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Bitcoin, ether rout extends as tariff war pain batters cryptocurrency assets - SCMP (Picture 1)

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Article Details

Author / Journalist: Bloomberg

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-07 @ 14:31:32 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 173 words

Reading Time: 1 minutes read

Sentences: 7 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 27643578

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About SCMP

SCMP Logo

Main Topics: Business

Official Website: scmp.com

Update Frequency: 16 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 44 minutes ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

Publisher Details

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The story "Bitcoin, ether rout extends as tariff war pain batters cryptocurrency assets" has 173 words across 7 sentences, which will take approximately 1 - 2 minutes for the average person to read.

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The story "Bitcoin, ether rout extends as tariff war pain batters cryptocurrency assets" was covered 23 hours ago by SCMP, a news publisher based in Hong Kong.

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SCMP is a fully independent (privately-owned) news outlet established in 1903 that covers mostly business news.

The outlet is headquartered in Hong Kong and publishes an average of 16 news stories per day.

It's most recent story was published 44 minutes ago.

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  • News ID: #27643578
  • URL: https://beamstart.com/news/bitcoin-ether-rout-extends-as-17440076586790

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