Economy
Bitcoin falls 7% as Trump implements new tariffs
World's largest cryptocurrency declines to $94,250 at 0830GMT, down from $101,450 on Saturday
Mucahithan Avcioglu |
03.02.2025 - Update : 03.02.2025
ISTANBUL
The price of Bitcoin fell 7.09% on Monday after US President Donald Trump signed an executive order Saturday imposing tariffs on imports from Mexico, Canada, and China.
The current price of Bitcoin is at around $94,250 as of 0830GMT, and its market cap decreased to $1.86 trillion.
Bitcoin's transaction volume in the last 24-hour period was around $97.4 billion.
Last month, the price of Bitcoin saw the highest-ever value of around $109,000 due to Trump's inauguration.
Ethereum prices also decreased by 21% to $2,567 over the same period.
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