Bitcoin Falls to $80,000 Amid Declining Crypto Stocks

Reported about 9 hours ago

Bitcoin's value has dropped to around $80,000, marking a significant decline of over 25% from its January peak, largely due to economic concerns following President Trump's announcement of tariffs on Mexico, Canada, and China. This downturn is also reflected in the shares of cryptocurrency-related companies like Coinbase and Robinhood, as investor sentiment shifts amid fears of slower growth and rising inflation.

Source: YAHOO

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