US EditionBitcoin drops Sunday evening as cryptocurrencies join global market rout
- Bitcoin's price dropped to $76,130, while Ethereum fell to $1486 due to market instability following major tariffs imposed by the Trump administration.
- The S&P 500 index fell below 5000 for the first time since April 2024, reflecting a broader decline in U.S. stocks.
- U.S. trade tariffs imposed by the Trump administration have caused instability in the market, affecting mining and cryptocurrency sectors adversely.
178 Articles
178 Articles
After remaining relatively stable during the turmoil of world markets in recent days, cryptocurrencies have joined the massive sale.The bitcoin, the world's most popular cryptocurrencies, fell below $75,000 on the morning of Monday, April 7, before experiencing a slight rebound.Bitcoin prices had not been so low since shortly after Donald Trump's election victory last year, which launched an upward race in cryptocurrencies prices.
Trump’s Tariffs Just Killed the Last Hope of a U.S. Mining Boom
It took Donald Trump just over two months to potentially tank his own American mineral supply chain renaissance. At the time Trump entered office, it looked like the stars could align for an American mining boom. Mining jobs had finally recovered to pre-COVID levels, thanks in part to demand for the metals required to engineer the transition away from fossil fuels (and, paradoxically, continued demand for coal). A lot of the gains in mining stoc…
Los Angeles Times
El Vocero de Puerto RicoAfter remaining relatively stable during the turmoil of world markets in recent days, cryptocurrencies have joined the massive sale.
TVA Nouvelles
Le Journal de QuebecAfter the shock of customs announcements, the dollar regains ground, investors trying to assess the impact on growth and inflation
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