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Trump's tariff threat sends crypto prices falling

  • Cryptocurrency prices fell significantly due to the threat of a trade war between the U.S. And major trading partners, with some digital assets dropping over 10%.
  • Bitcoin's value fell below $100,000 after U.S. President Donald Trump announced plans for large tariffs on goods from Canada, Mexico, and China.
  • Ethereum, Dogecoin, and other cryptocurrencies also experienced price drops since Trump's weekend tariff announcement.
  • Trump indicated that import taxes would occur with the European Union and possibly the United Kingdom, warning Americans they may experience some pain from the tariffs.
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  • 45% of the sources lean Left
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