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Cryptocurrency News Articles

Trump's Trade War with Canada and Mexico Triggers Bitcoin ($BTC) Meltdown, But Crypto Adoption Will Surge in the Long Run

Feb 03, 2025 at 05:56 pm

Bitcoin ($BTC) now trades at $95K after briefly touching $92K for the first time in three weeks. Out of the 100 top tokens, only four recorded minor 24-hour gains, including $FARTCOIN with an 8% increase (huh).

Trump's Trade War with Canada and Mexico Triggers Bitcoin ($BTC) Meltdown, But Crypto Adoption Will Surge in the Long Run

Bitcoin ($BTC) price dropped below $95K on Monday morning after briefly touching $92K for the first time in three weeks.

Out of the top 100 cryptocurrencies by market capitalization, only four recorded minor 24-hour gains, including FARTCOIN with an 8% increase (huh).

The reason? Investors panic-sell on the back of Trump’s tariff war with Canada and Mexico.

The stock market suffered a similar fate as S&P

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Other articles published on Feb 09, 2025