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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An advertisement of Bitcoin, one of the cryptocurrencies, is displayed on a building in Hong Kong, on November 18, 2021. (AP Photo) Cryptocurrency prices fell after President Donald Trump announced new tariffs on goods from Canada, Mexico, and China. Bitcoin dropped from around $105,000 on Saturday to about $92,000 on Sunday night. However, it later recovered to over $100,000 on …
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Major cryptocurrencies like Bitcoin and ether witnessed steep declines on Monday as rising tariff war tensions weakened investor sentiments. During early trade in Asia, Bitcoin fell to $94,476.18, briefly hitting a three-week low of $91,441.89. Ether saw an even steeper drop of 24 per cent, hitting its lowest level since September, to $2,494.33.The downturn extended into Sunday, with bitcoin slipping …
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Bitcoin reached an all-time high of $109,241 as the US prepares to inaugurate pro-crypto President-elect Donald Trump. The original cryptocurrency rose as much 5.5% on Monday to set a fresh record. The token’s rise came after Trump and his wife Melania unveiled memecoins over the weekend, with Trump’s rapidly reaching a market capitalization of more than $15 billion before declining …
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