The market capitalization of Bitcoin holdings of corporate entities has evaporated by over $4 billion since Trump announced the reciprocal tariff measures.

GateUser-6433627c · 2025-04-08T02:27:40+00:00

After Trump announced reciprocal tariff measures, the market capitalization of Bitcoin held by corporate entities evaporated by about $4 billion, dropping from $59 billion to about $54.5 billion. The prices of publicly traded stocks and funds related to Crypto Assets were also affected, with the Bitwise Bitcoin Strategy ETF (OWNB) and Strategy falling more than 13% since April 2.

GateUser-6433627c

2025-04-08 02:27:40

Abstract generation in progress

According to BitcoinTreasuries, the market value of bitcoin holdings held by corporate entities on that day was about $59 billion, but as of April 7, the indicator data has dropped to about $54.5 billion. In addition, a number of cryptocurrency-related listed stocks and funds have also shrunk in price, with Yahoo Finance data showing that Bitwise Bitcoin Standard Inc. ETF (OWNB) and Strategy are both down more than 13% since April 2.

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