The crypto market sold off during early Asian trading hours on Feb. 28 as Trump says tariffs against Canada and Mexico will go ahead as scheduled.
The cryptocurrency market is bleeding on Feb. 28, with the total market capitalization dropping by 6.4% to about $2.65 trillion.
24-hour performance of large-cap cryptocurrencies. Source: Coin360
Several concrete factors have contributed to the latest drop in crypto prices, including: