The crypto market took a dramatic tumble after President Donald Trump’s Liberation Day speech on Wednesday. Markets panicked after President Trump imposed sweeping tariffs on global trading partners. As a result, Bitcoin (BTC) plunged from an intraday high of $88,554 on Wednesday, dropping to a low of $82,321, a decline of over 3%. 

The flagship cryptocurrency is attempting a recovery during the current session but remains marginally down over the past 24 hours. Ethereum (ETH) also registered a substantial decline on Wednesday, falling to a low of $1,785 before rebounding to reclaim $1,800 and settle at $1,824. ETH is still struggling to build momentum and push towards $2,000. 

Ripple (XRP) almost fell below $2 as selling pressure intensified on Wednesday. However, it clung on …