Bitcoin Price Falls Below $82,000, Crypto Stocks Slide
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The Wall Street Journal |
Bitcoin sank Thursday as investors continued to flee riskier assets after President Trump ratcheted up the trade war.
scmp.com |
Trump on Wednesday announced that he will apply a minimum 10 per cent tariff on all exporters to the US and slap additional duties on around 60 nations with the largest trade imbalances with the US.
Reuters |
U.S. crypto stocks declined in premarket trading on Thursday after President Donald Trump's latest round of sweeping tariffs rattled investor confidence due to rising global trade tensions, sparking a...
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Traders are betting the Federal Reserve will be forced to cut interest rates to stave off a U.S. recession—something that could see the market “flooded” with
Arthur Hayes predicts BTC could reach $250,000 by 2025 if the Fed shifts to quantitative easing, increasing fiat supply.
Bitcoin fell late Wednesday after President Donald Trump’s latest tariff announcement roiled markets. The leading cryptocurrency recently changed hands a bit above $83,000, dropping from near $88,000 just before Trump unveiled the trade policies late this afternoon.
The mood in cryptocurrency markets hasn't improved to start this week, as Bitcoin and a number of stocks tied to the digital currencies are all moving lower Monday morning.
Market analysts say President Donald Trump's newly announced global tariff regime is already reshaping investor sentiment, triggering sharp corrections across risk assets—including crypto.
Trade Tensions and Slowing Growth The U.S. economy faces mounting challenges as new tariffs take effect, with concerns over inflation, rising unemployment, and weakening growth. Goldman Sachs projects a slowdown,
Smaller cryptocurrencies have been falling harder than bitcoin after President Donald Trump on Wednesday announced his latest tariff plans, as investors scaled back riskier investments in the digital-asset space.
Bitcoin is showing relative strength amid the broader market decline, trading at $82,200, down 25% from its all-time high. Read what investors need to know.