BlockBeats News, September 26th, the cryptocurrency market once again experienced a “waterfall” market trend, with BTC falling below $10.9K at one point, a drop of over 4% in 24 hours; the total cryptocurrency market cap has dropped to $3.823 trillion, down over 4.5% in 24 hours.
The market has continued its downward trend for several days, with BTC down by 6.32% in the past 7 days, while ETH has dropped over 14% during the same period; altcoin prices are generally down, with the TOTAL3 index (the cryptocurrency total market cap excluding BTC and ETH) falling by 9.30% in the past 7 days.
In terms of news, Trump announced this morning multiple tariff measures, including a 25% tariff on all imported heavy-duty trucks, a 50% tariff on all kitchen cabinets, bathroom vanities, and related products, a 30% tariff on upholstered furniture, and a 100% tariff on drugs from companies that have not started building pharmaceutical plants in the United States. Trump stated that the above tariff measures will take effect starting on October 1st of this year.
