Gold Hits $4,888 Record as Ethereum Holds $2,800 Amid U.S. Sell-Off

Market turbulence follows former U.S. President Donald Trump’s tariff threats against Europe and remarks on Greenland, prompting sharp moves in commodities and crypto.

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Terms & Concepts
  • Tariff: A tax imposed by a government on imported goods, often used in trade policy to protect domestic industries or influence foreign relations.
  • Ethereum: A blockchain platform supporting smart contracts, with its native cryptocurrency ETH used for transactions and decentralized applications.
  • Sell-Off: A rapid selling of assets by investors, often leading to sharp price declines across markets.