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🇺🇸 Silver Falls Nearly 9% Amid Recession Fears Triggered by Trump Tariffs On Friday, silver prices plunged to an 8-week low, dropping nearly 9% to $31.00/oz, as Trump’s newly announced tariff policy stoked fears of a global economic slowdown. 📉 Despite gold hitting an all-time high of $3,167.57 earlier this year, silver has come under pressure due to concerns over industrial demand. 🔧 According to the Silver Institute, global industrial demand for silver reached an estimated 700.2 million troy ounces in 2024. #Silver #TrumpTariffs Binance #RecessionFears
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🇺🇸 Trump Speaks on Market Reaction After Tariff Announcement 🗓️ April 4 (ET): During Thursday’s mid-day press conference, Trump responded to market volatility: “I think it’s going very well. You’ve never seen anything like this. The market will boom. The stock market will boom. The country will boom. Other countries want to know if they can make a deal.” Later in the day, Trump added the market reaction was “expected” and described the U.S. economy as being in a “transition period.” 🔧 He compared the economy inherited from Biden to a “patient” recovering from surgery. 💬 Trump also hinted at flexibility: “Every country has reached out to us. That’s the beauty of what we’re doing—we’re in the driver’s seat.” #TRUMP #Tariffs
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April 4 — Over $46.3M in SOL Unlocked and Dumped by Whales According to Lookonchain, several whales unlocked and sold large amounts of $SOL today: – HUJBzd: Sold 258,646 SOL ($30.3M) – BnwZvG: Sold 80,000 SOL ($9.47M) – 8rWuQ5: Sold 30,000 SOL ($3.53M) – 2UhUo1: Sold 25,501 SOL ($3M) 🔻 Total SOL sold exceeds $46.3M — signaling strong sell pressure post-unlock. #solana #sol #CryptoWhales
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🔍 April 4 — Whale ETH Deposits Surge to CEXs According to @TheDataNerd, several institutional wallets have deposited large amounts of ETH to centralized exchanges over the past 24 hours: – Grayscale: 16,247 ETH ($28.63M) – BlackRock: 10,000 ETH ($17.94M) – Wintermute: 34,634 ETH ($62.94M) – Andre Cronje: 2,000 ETH ($3.44M) – James_Fickle: 2,350 ETH (~$4.19M) 📉 These movements may signal potential sell pressure in the near term. #Ethereum #ETH #CryptoWhales
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🚨 Liquidation Alert — According to Coinglass, over the past 24 hours: – Total liquidations: $232M – Longs liquidated: $105M – Shorts liquidated: $128M Top assets: – BTC: $65.15M liquidated – ETH: $46.82M liquidated Volatility is heating up. Stay safe out there. 🫡 #crypto #bitcoin #Ethereum
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