Gate Research Institute: The US tariff policy has triggered fluctuations in the global Capital Market, Bitcoin has fallen below 80,000 US dollars.

Gate Research Institute Daily: On April 7, the price of Bitcoin fell by 5.22% to 78,236 USDT, and the price of Ethereum dropped by 12.13% to 1601 USDT. Aave’s borrowing interest on Ethereum exceeded 1 billion USDT. Solana’s TVL reached 53.8 million SOL, marking a new high since 2023. Revenue from mainstream DeFi protocols saw a significant decline in March, while Sky experienced growth against the trend. Tariff policies impact the global market, accelerating declines in global stock and crypto markets. The Lens Chain mainnet has officially launched, designed specifically for scalable and modular social applications. The SEC is reviewing digital asset policies from the Biden era, potentially paving the way for regulatory easing.

• Market Commentary: Bitcoin price fell by 5.22% to 78,236 USDT, while Ethereum price dropped by 12.13% to 1,601 USDT.
• Popular Tokens: The most popular altcoins in the last 24 hours are AERGO, FORTH, and AVAIL, which have increased by 50.95%, 36.48%, and 9.21% respectively.
• Highlight Data: Aave’s borrowing interest on Ethereum has surpassed 1 billion USD; Solana’s TVL has reached 53.8 million SOL, setting a new high since 2023.
• Hot Commentary: Tariff policies impact global markets, causing global stock markets and the crypto market to accelerate their decline**.
• Market Opportunity: Codex aims to create a more efficient platform for stablecoin trading by optimizing its underlying infrastructure, with the $15.8 million funding to be used for further development of its stablecoin-focused blockchain.

Explore today’s details → Gate Research Institute: U.S. Tariff Policy Sparks Turmoil in Global Capital Markets, Bitcoin Falls Below $80,000

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