price Bitcoin Less than $ 80,000 decreased on Monday morning, as the financial markets’ reaction to continuous concerns about inflation and potential American stagnation, which was fueled by President Trump’s comments during the weekend.
Request before Fox News In an interview on Sunday about whether he expected a stagnation this year, Trump refused to exclude her.
He replied, “I hate prediction of such things,” adding that there will be a “transitional period” where the economy digests a big tariff for neighbors in Canada and Mexico, as well as China. Trump It moves around the definitionsIncluding delay and transformations on their scale, shook the markets for weeks.
Bitcoin pigeon up to $ 79,553 on Monday morning, raming a little bit to $ 79,785 until this writing. The leading cryptocurrency has now decreased by approximately 5 % a day, as it decreased by 14 % a week amid fluctuations not only by satellite tariff movements, but also speculation. Trump’s Bitcoin Strategic Reserves.
ethereum It also decreased by 5 % to a current $ 2013 price after it occurred in a dollar of $ 2000 late on Sunday. ETH has not been less than $ 2000 since November 2023.
Other major currencies have recorded more severe losses over the past 24 hours, as Cardano (ADA) has decreased by 10 % to $ 0.69, Solana (SOL) reduced by 9 % to $ 121, and Dogecoin (DOGE) dive 8 % to $ 0.166.
The stock markets show similar losses so far on Monday, as the Nasdaq Stock Exchange fell by more than 3 % and S&P 500 by 1.8 %. Traders decline before the expected decisive economic reports later this week – including the latest PPI price index and consumer price index updates (CPI) – which will indicate whether inflation is kept under control.
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