Ethereum fell sharply on Thursday, dropping over 2% amid renewed global economic tensions sparked by the latest trade tariffs.
The cryptocurrency's decline follows a wider pullback in risk assets as investors react to China's retaliatory measures after the United States imposed sweeping tariffs.
Bitcoin dropped 0.97% at 8:05 am ET, selling for $82,345.31. Ethereum lost 2.08% at the same time and went for $1,778.