a minute agoThe value of crypto notes is significantly reduced because Trump tariffs
Periskopi(a year ago)
(a year ago)Bitcoin's price has suffered a severe decline this week, dropping to the quota of $88 thousand. The loss at 8% level comes after US President Donald Trump spoke to press ahead with the tariffs extended to Canada and Mexico. On Monday, Trump said that tariffs to Canada and Mexico would [...]
On Monday, Trump said that tariffs to Canada and Mexico will be imposed after the month-long period ends next week.
“We are in time with the tariffs and it seems that this is going too fast”, Trump said, Euronews reports.
After that statement, the capital of the digital currency market was also reduced to $1.75 trillion, while the daily volume of transactions dropped to $73 billion.
Other cryptomoneds also suffered the same trend this week, with Etherium, Binance and Solana marking declines from 7 to 15%.
In January, Bitcoin's award registered the highest value ever of about $109 thousand, just days after Trump was sworn in as president of the United States.
