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Bitcoin stumbles as Donald Trump’s tariffs rattle crypto markets

IndiaTimes Monday, 7 April 2025
Bitcoin has dropped over 10% following President Donald Trump's announcement of global tariffs, falling below $78,000 from its peak of nearly $110,000. Despite Trump's pro-crypto initiatives, including appointing friendly regulators and promoting digital assets, market enthusiasm is waning due to economic uncertainties. Investors are reconsidering their positions as the impact of tariffs affects digital currencies.
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News video: Trump Vows Tariffs ‘Will Never Change’ as Global Backlash Grows, Markets Crash, and Allies Retaliate

Trump Vows Tariffs ‘Will Never Change’ as Global Backlash Grows, Markets Crash, and Allies Retaliate 03:03

US President Donald Trump has pledged unwavering commitment to his aggressive tariff strategy, calling it a chance to “get rich.” Despite a massive stock market crash and mounting global backlash, Trump insisted tariffs are essential to protect American jobs. China, Canada, and the EU have...

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