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Bitcoin Falls Below $80K As Trump’s Tariffs Spark
Published : 07-04-2025 - Duration : 00:36 - View : 218
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Bitcoin fell below $80,000 as global markets reeled from President Donald Trump’s new tariffs, according to CNBC. The duties triggered fears of a global recession and wiped out over $7 trillion in market value over two trading sessions. The cryptocurrency dropped 4% to nearly $76,000 on Monday and is now down nearly 30% from its January peak. Bitcoin saw over $400 million in long liquidations in 24 hours as falling prices forced traders to sell and cover losses, according to CoinGlass.
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