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…
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…
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 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…