Bitcoin Is Crashing Hard
The global financial crisis spurred on by president Donald Trump's ill-founded tariffs has finally reached Bitcoin, and boy is it crashing hard. Over the weekend, Bitcoin fell from nearly $85,000 per token to roughly $77,000 — a four percent dropoff that reflects how poorly things have gone in the few days since Trump's reciprocal tariff announcement began wreaking havoc on the world's economy. Unlike the stock market, cryptocurrencies trade 24 hours a day and seven days a week. As such, investors were able to see in real-time how poorly their coins were doing and sell them off accordingly. As CNBC and […]
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