Photo: Sean Gallup (Getty Images) In This Story Donald Trump’s trade-war fallout has lobbed about $4,553, or 5.5%, off the price of Bitcoin so far, as markets swing aggressively and billionaires call on the president to pause his tariffs. How Trump’s tariffs could make your iPhone cost $3,500 Bitcoin slipped below $77,900 midday on Monday,…
Cryptocurrency prices sank early Monday (April 7) in Asia, collateral damage in America’s trade war. According to a Bloomberg News report, Bitcoin lost around 7% of its value Sunday (April 6) night into Monday morning in Singapore, hitting a low of $77,077. The second-most-popular crypto token, Ether, fell to $1,538, an intra-day low unseen since…
Key Takeaways: Single-day ETF inflows amid broader outflows show investors haven’t completely abandoned Bitcoin funds. Tariff announcements causing a $3T wipeout reveal policies heavily impact crypto markets. Synchronized global market downturn weakens Bitcoin’s value as a portfolio diversification tool. The 12 Spot Bitcoin ETFs in the U.S. recently experienced $172.89 million in net outflows, breaking…
This is a segment from the Supply Shock newsletter. To read full editions, subscribe. All eyes are on the tariff-addled traditional markets today — most notably, people are watching to see whether bitcoin will show (as it did on Friday) signs that it might perform as a hedge against global uncertainty. Regardless, analysts continue to maintain…
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Strategy is not expecting a first-quarter profit, given billions of dollars in unrealized losses on its Bitcoin holdings, the company said on Monday. The Tysons, Virginia-based firm—formerly known as MicroStrategy—said the value of its Bitcoin holdings fell $5.91 billion on paper in the first quarter, according to a filing with the Securities and Exchange Commission.…
Bitcoin (BTC) plunged to as low as $74,804 on Monday, marking its lowest level in months and igniting fresh concern across crypto markets. The sudden drop followed President Donald Trump’s sweeping tariff announcement, which has reignited fears of a global recession and triggered a sharp sell-off in risk assets—including cryptocurrencies. As of this writing, Bitcoin…
Major cryptocurrencies like Bitcoin, Ethereum, and XRP surged suddenly alongside stocks Monday morning, amid purported word from a White House advisor that President Trump was considering a 90-day pause on global tariffs that have rocked the markets in recent days. But it turned out to be “fake news,” as the White House told CNBC soon…
Article content After holding relatively stable during last week’s global market turmoil, cryptocurrencies have joined the sell-off. Article content Bitcoin, the world’s most popular cryptocurrency dipped below $75,000 Monday morning before seeing a slight rebound. Bitcoin’s prices haven’t been this low since just after President Donald Trump’s Election Day victory last year launched a bull…
00:00 Speaker A It’s time for Yahoo! Finance’s market minute. Stocks are seesawing as investors assess the fallout from President Trump’s fast-moving tariff policy. Meantime, big bank stocks turning higher along with the broader market. Initially falling this morning amid mounting fears of an economic downturn. You can see though now moving to the upside.…