Ethereum Approaches $4,000 Amid Trump’s Tariff Implementation and Rekt Reaches Record High

The cryptocurrency market experienced significant volatility as Ethereum neared the $4,000 mark. This surge coincides with the implementation of new tariffs initiated by Trump, generating concerns about inflation and economic instability. Concurrently, the Rekt Index, which gauges the total value of liquidated trading positions, reached a new all-time high, suggesting heightened speculation and risk within the market. Investors are closely observing these developments to evaluate the potential trajectory of the market moving forward.