Bitcoin, once riding high on a wave of enthusiasm following President Donald Trump’s re-election and pro-crypto agenda, has taken a sharp nosedive — plunging over 10% since his announcement of sweeping global tariffs last week. The digital currency fell below $78,000 on Sunday night, far from its all-time high of nearly $110,000 reached during Trump’s second inauguration in January. While …
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A week-long rout in Bitcoin deepened amid the recent broader retreat from risky assets in the wake of US President Donald Trump’s tariff threats and crypto sector turmoil, marking a dramatic reality check for one of the most popular Trump trades.The original cryptocurrency tumbled as much as 7.2% to $78,226 at one point Friday, bringing its decline from the all-time …
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Bitcoin tumbled down below $80,000 for the first time since November, triggered by a wider cryptocurrency sell-off amid soaring global market volatility.The world’s largest digital asset dropped to $79,525.88 during early Asian trading on Friday, marking a steep fall from its record high of over $109,000 last month, the surge which has been fuelled by optimism that the US President …
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Bitcoin has dropped more than 20% from its January peak of $109,350 to hit an intraday low of nearly $83,000 on February 27. Although the cryptocurrency has since recovered to around $85,000, the sell-off has erased nearly $300 billion from its market value, according to ET report.Avinash Shekhar, Co-Founder and CEO of Pi42, said that Bitcoin’s decline below $85,000 marks …
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Bitcoin fell below $90,000 for the first time in more than a month, becoming the latest victim of a widening rout in cryptocurrencies.The coin traded at around 89,000 at 7:25 a.m. London on Tuesday after hitting its lowest point since Nov. 18.The decline came amid a broad selloff in the crypto market. Sentiment has turned bearish following a series of …
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