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Ethereum Slumps 3% as Tariff Fears Hit Altcoins Hard

Posted on April 3, 2025

Ethereum dropped to $3,200 on April 3, 2025, a 3% decline, as Trump’s tariffs triggered a broader altcoin sell-off. Trading volume fell 10% on Binance, with analysts citing risk-off sentiment. Bernstein’s report warns of a “challenging Q2” for ETH if global trade tensions rise, but some traders on X see a bounce to $3,500 if Aave’s hack fallout stabilizes. Support sits at $3,150.

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