US stocks experienced a significant drop on Monday, fueled by investor anxiety over President Donald Trump’s comments regarding the possibility of a recession. The major indices all fell sharply, with the Dow Jones losing 890 points and the Nasdaq plunging 4%, marking its worst day since September 2022. Concerns about Trump’s tariff-driven policies, which have ...
Bitcoin (BTC) has seen an 11.3% decline over the past week, currently trading around $80,000. This drop has pushed the cryptocurrency below the important 200-day moving average, raising concerns about a deeper setback. Analyst Ali Martinez notes that BTC needs to stay above $79,280 to potentially rebound. Historical patterns show that BTC often corrects 25% ...
Recent announcements from the Trump administration regarding increased customs tariffs have sent shockwaves through the cryptocurrency Market, with Bitcoin plummeting by 10% and Ether dropping nearly 15%. Initially buoyed by news of U.S. strategic crypto reserves, investors quickly faced a harsh reality as geopolitical tensions surfaced. Experts warn that these tariffs, particularly the steep levies ...
Bitcoin experienced a significant decline of over 16% in February, marking its worst monthly performance since June 2022. The cryptocurrency dropped as much as 5% on a Friday, falling below $80,000 before recovering slightly to around $84,000. Analyst Nic Puckrin noted that the recent sell-off is largely influenced by political factors, especially heightened tariff fears. ...
Bitcoin experienced a significant decline in February, dropping over 16% and marking its worst monthly performance since June 2022. On a recent Friday, it fell below $80,000 for the first time in 2023 before recovering slightly to around $84,000. This downturn followed President Trump’s announcement of new tariffs on imports from Canada, Mexico, and China, ...
Bitcoin experienced a significant drop of nearly 5% early Friday, reaching just above $82,000, marking its lowest point since November. This decline contributes to a nearly 20% decrease over the past month, the worst monthly performance since June 2022. Analysts attribute this sell-off to rising fears about new tariffs announced by President Trump, which have ...
The White House Watch newsletter offers free insights into the implications of the 2024 US election for Washington and the world. Recently, over $800 billion has been lost in global cryptocurrency markets, partly due to declining enthusiasm after Donald Trump’s election victory. Bitcoin’s value has dropped significantly, alongside other cryptocurrencies, as investors express disappointment with ...
Bitcoin’s recent price plunge has caused it to drop to its lowest level since November, falling below $89,000. This decline has contributed to a broader downturn that has erased nearly half a trillion dollars from the crypto Market. The drop follows a peak of over $108,000 coinciding with Donald Trump’s inauguration, when he was seen ...
On January 7, 2025, both cryptocurrency and stock markets faced significant downturns primarily due to stronger-than-expected economic data. Bitcoin fell over 5% to $96,909, while Ethereum and Solana also saw declines of more than 8% and 7%, respectively. This Market correction led to the liquidation of over $483 million in long positions. Two key reports ...
Bitcoin experienced a 3.63% decline after a promising bounce earlier in the week, coinciding with the expiration of $14.5 billion in options on Deribit. Despite some signs of support, like the price not closing below certain Fibonacci levels, the overall performance remains weak, marked by low trading volume and resistance in technical charts. Ethereum is ...
