{"id":8196,"date":"2026-04-02T10:39:51","date_gmt":"2026-04-02T10:39:51","guid":{"rendered":"https:\/\/dailystreetchronicle.com\/index.php\/2026\/04\/02\/why-ethereum-took-a-bigger-hit-than-bitcoin-after-trumps-iran-stone-ages-speech\/"},"modified":"2026-04-02T10:39:51","modified_gmt":"2026-04-02T10:39:51","slug":"why-ethereum-took-a-bigger-hit-than-bitcoin-after-trumps-iran-stone-ages-speech","status":"publish","type":"post","link":"https:\/\/dailystreetchronicle.com\/index.php\/2026\/04\/02\/why-ethereum-took-a-bigger-hit-than-bitcoin-after-trumps-iran-stone-ages-speech\/","title":{"rendered":"Why Ethereum Took a Bigger Hit Than Bitcoin After Trump\u2019s Iran \u201cStone Ages\u201d Speech"},"content":{"rendered":"

The post Why Ethereum Took a Bigger Hit Than Bitcoin After Trump’s Iran “Stone Ages” Speech<\/a> appeared first on Coinpedia Fintech News<\/a><\/p>\n

While the entire crypto market sold off after Trump’s speech, Ethereum traders bore the sharpest end of the impact.<\/p>\n

According to CryptoQuant analyst Darkfost<\/a>, more than $1 billion in ETH sell volume flooded derivatives within a single hour of Trump’s remarks – $968 million of that on Binance alone, currently the largest derivatives exchange in the industry by volume.<\/p>\n

At the time of writing, ETH is trading <\/a>at $2,046, down 4.07% in the past 24 hours. Bitcoin is at $66,473, down 3.11%. Solana is down 5.62% over the same period.<\/p>\n

What Trump Actually Said<\/strong><\/h2>\n

Markets had spent two days rallying on expectations that Trump’s primetime address<\/a> would signal a ceasefire or de-escalation in the US-Iran conflict. Instead, he told the nation the United States would hit Iran “extremely hard over the next two to three weeks”<\/em> and send it into the stone ages, and offered no plan to reopen the Strait of Hormuz.<\/p>\n

The reaction was immediate. The S&P 500 wiped $500 billion in market cap within minutes. Oil jumped. US Treasury bonds moved higher as investors rotated into safety.<\/p>\n

Crypto followed, particularly in derivatives.<\/p>\n

Read More: Ethereum May Lose Its #2 Spot in 2026: Can USDT, XRP, BNB, or SOL Take It?<\/a><\/strong><\/p>\n

Why Ethereum Gets Hit Harder<\/strong><\/h2>\n

ETH is not Bitcoin when geopolitical risk spikes.<\/p>\n

Bitcoin carries<\/a> a partial “digital gold” narrative that absorbs some safe-haven demand<\/a> during crises. Ethereum does not have that same identity. It trades as a high-beta risk asset – closer to a leveraged tech stock than a store of value. When institutional desks rotate to safety, ETH is sold first and fastest.<\/p>\n

The derivatives data confirms this. The concentration of leveraged long positions on Binance created exactly the conditions for a cascade. Once selling began, forced liquidations amplified the move, pushing ETH into a steeper correction than the broader market justified.<\/p>\n

Also Read: Iran\u2019s \u201cReverse Indicator\u201d Theory: Is Trump\u2019s Truth Social the Best Signal for Crypto Traders?<\/a><\/strong><\/p>\n

A Pattern That Keeps Repeating<\/strong><\/h2>\n

Over the past five weeks, crypto has repeatedly followed the same sequence – hope, Trump headline, reversal. Each rally built on de-escalation expectations. Each sell-off triggered by escalation.<\/p>\n

The CMC Fear and Greed Index<\/a> currently sits at 27, in Fear territory. Last month it hit a yearly low of 15 – Extreme Fear – and has only partially recovered since.<\/p>\n

\n

As Darkfost noted, financial markets are now in a period of “extreme uncertainty and volatility, making price action increasingly erratic and unstable.”<\/em><\/p>\n<\/blockquote>\n

Until the Strait of Hormuz reopens, that pattern is unlikely to change.<\/p>\n

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